Interning at a BB, but I want a job in another - Advice

So I just received an offer to do a summer internship for M&A in the London office for a BB that has recently developed a pretty rough rep in the news (you can take a guess at which one).

I enjoyed the assessment centre and I thought the seniors were decent people. But because of its sinking reputation, I'm worried about staying there long term, providing I'm able to convert the summer into a full-time offer.

Application season is coming to an end for summer 2020 intake of analysts in London, so I doubt I'll hear back from any more credible firms.

What do I do? How do I land a spot in a better firm after this internship? Do I apply to summers again or straight to grad roles (providing I could leverage a full-time offer from a sinking ship).

4 Comments
 

Well, it really depends on what bank you are talking about;

If it's deutsche bank M&A dont be worried, you will have an easy path to FT in another mid-low tier BB

If you are talking about UBS, pretty much the same,

If you think RBC is BB, something goes wrong, in Europe its presence is just too small.

Out of these banks you are pretty safe, in any case dont be worried about UBS & Deutsche, they are still solid franchises with good exits across other banks. They will try to shop around talent.

 

So there would be no point trying to apply to the likes of GS/JPM/MS if it was DB/UBS?

 

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