Investment Banking FT and SA Offers
It seems like a lot of people have been overreacting to potential FT and SA offers being rescinded. Of course, you feel bad for the people losing their jobs in this crisis, tough to see a worldwide pandemic coming. With that said, from what I'm hearing, no one is getting banking offers rescinded. Heard from a variety of places including some solid MMs and EBs such as D.A. Davidson and Moelis to higher MMs and BBs such as RBC and JPM. It seems like offers are nothing like the '09 summer situation. My knowledge here is all on hearsay. I get some have altered their plans, but has anyone heard of even a single bank rescinding offers? Would be great to ease the worry of SAs and FTs if possible.
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