Cain Brothers Cancelling Summer Internship
Just got an email from Cain Brothers:
"Thank you for your interest in the 2023 Cain Brothers Investment Banking Summer Associate - San Francisco, CA , requisition # R-10489. At this time, this position has been cancelled and we will not be filling the role as initially anticipated.
Your application and information is now on file with Talent Acquisition; however, we hope you will apply to other roles at KeyBank in the future if they appear to match your interests and qualifications.
You may log in to your Candidate Home ( "External Site Homepage Link" ) at any time in order to update or correct any information. You may also create job alerts by logging into Candidate Home and selecting Job Alerts in the top right corner.
KeyBank Talent Acquisition"
Anyone that is working at KeyBank/Cain Brothers know why the freeze hiring for summer interns?
applied a while ago and also received this email today
The CEO announced $175MM in cost cuts last week. Mass layoffs incoming...
Has anyone checked with Cain's HR if they're still considering interns for NY or Chicago offices?
I was under the assumption they were going to take a few summers this year, I guess I may be wrong. Know a few people over there and they went silent with networking around early December.
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