What is going on with London IB recruitment 2020-21??

Does anyone know why most Investment Banks have not opened their processes for SA, FT and Off-Cycle internships this year yet? I've been checking the websites out, and only GS has opened their processes. 

Usually banks in London open their applications in July or August, but JPM, BoA, Barclays and many more do not offer anything. 

Is this because COVID-19 or otherwise these banks don't plan to recruit any student this year?


 

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