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Based on the most helpful WSO content, Morgan Stanley's London Off-Cycle recruiting timeline can sometimes see unexpected openings due to various factors, such as candidates declining offers, headcount adjustments, or specific team needs. This could explain why new positions popped up a month ago.

As for interviewing, Morgan Stanley typically starts the process soon after positions are posted. If the roles appeared a month ago, it's likely that interviews have already begun or are in progress.

Regarding new openings for 2026, it's common for banks to open applications for future cycles (like 2026) around late summer or early fall, such as September. Keep an eye on updates from Morgan Stanley and WSO threads for the latest information.

Sources: 2018 FT/Off-cycle London Recruiting Timeline Megathread, LONDON 2024 FT & OFF-CYCLE, 2020 London IBD SA/FT, BAML 20202 Off-Cycle Offers Situation London, 2018 FT/Off-cycle London Recruiting Timeline Megathread

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