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Based on the most helpful WSO content, team allocation for incoming grads at EBs/BBs can vary significantly depending on the bank and region. Some banks allocate teams before the start date, while others may wait until closer to the onboarding process or even during training. For example, in some cases, team allocation happens after training programs, where analysts may rotate or express preferences for specific groups.

If you haven’t heard back yet, it’s not unusual. It’s recommended to reach out to HR or your point of contact at the bank for clarification. Additionally, networking with current analysts or alumni at your bank can provide insights into how the process typically works for your specific firm.

Sources: Q&A: Incoming IB analyst – international student, survived FT recruiting twice…, Bulge Bracket Gossip - Am I at risk?, Q&A: Recent graduate starting at MBB soon, BB Group Placement is a fucking joke, Incoming SA in a BB FIG group (MS/GS/JPM), but long-term goals are PE. How should I approach the summer?

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