JPM London withdrawing internship offers
It seems like some of the banks are reassessing their ER needs after changes to EU regulation and Covid?
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Source on BofA?
Group chat for IBD applicants from my uni
"This will cost me £10k in lost income and I'll need a loan to pay my rent this summer."
This is so stupid. Intern expenses are a drop in the bucket for a bank. Why not just bring them on and cut return offer rates? Anyway, this is why you shouldn't feel bad reneging.
I remember reading on a BB's webpage that reneging leaves a bad first impression in a small industry. ''Is this really the impression you want to give when starting out your career?'' The irony
Well they have way better bargaining power, but it's still a shitty thing to do. Sometimes I forget what industry we're in.
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