IB SA 2024 offer rescinded
HR just let me know my EB internship for next summer was rescinded because of "budget cuts". has this happened to anyone else?
All other banks stopped recruiting for 2024 IB SA so wtf do I do now? I heard FT recruiting is nearly impossible without ib internship, and what would I even tell to the guys I networked with at other firms since they know I accepted an internship somewhere else?? is it even worth going through recruiting again if this is how the industry treats incoming hires?
That sucks and I am sorry to hear. What bank was it?
I would let your prior contacts know what happened (they will understand) and see if they know of any opportunities. Next would be to target smaller firms that recruit later. If you get some IB experience next summer, you will at least have a chance at FT recruiting with extensive networking. Lmk if you have any questions.
Are you sure they would understand? I feel like they wouldn't care and wouldn't want to help out
What the hell?!?! Was this a regional boutique? So sorry to hear that mate.
thats crazy. what bank was this out of curiosity?
fr people need to name and shame in these situations, the bank deserves to get their name rubbed in the dirt
Not even mentioning the TYPE of bank = don't care.
wow okay. it's an EB.
Very mean of them. NYC?
Even thinking of this happening to me scares the shit out of me. Sorry man, wish you the best of luck!
Name the bank. Unhelpful if you don’t
Holy crap, what firm and location?? This scares the fuck out of me...
Money on Moelis or PWP
why do you say that, out of curiosity?
have they been rescinding offers recently?
Name and shame
I know that RBC LA recently rescinded their SA 2024 offers but doubt this is the firm OP is talking about
What? All of them??
Holy shit, I had a couple of interviews with them and was so sad I didn't get it at the time. Guess it was a blessing in disguise
Can OP confirm whether this is one of the core EBs (EVR, CVP, LAZ, MOE, PJT, PWP)?
You're literally anonymus so no one would know it's you... what firm/group was this?
This is not PWP/MOE. I know this for a fact as me and my best friend are going to one of these banks. I think it is greenhill...
A bank can choose to rescind in a specific location (e.g., RBC NY incoming interns are fine but not the LA incoming interns)
yea i'd imagine its not one of the core eb's mentioned above ^
greenhill makes sense but it isnt an eb
wow this is some next level fucked shit especially coming from an established shop (as you said it was an EB).
please don't forget to name and shame after you get your offer for somewhere else. good luck man shits tough out here.
Bro name the bank u have nothing to lose
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