Saw the email in the WSJ that JPM and GS are going back to traditional junior fall recruiting for SA positions. Was told yesterday that WF is doing the same thing for this cycle. First of all are JPM and GS doing that for this cycle or starting next? And do you know of any other banks that have followed this trend? Do you think over the next month or so more will inevitably follow the trend.
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JPM and GS are being pushed back for this cycle, not next.
JP and GS have been the only to announce they are pushing their timelines back. There quite a few places that haven't yet decided and are waiting for other banks to make their moves, but the majority of BB/EB have already begun for 2020 SA in terms of holding info sessions/Apps opening for targets
JP Morgan and Goldman Sachs are pushed back for this cycle, so they won't start until Fall. Wells Fargo has also confirmed they're not recruiting until Fall 2020.
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