How risky? Re-recruiting full-time with internship from another bank

Currently have an IB Summer 2020 Internship locked down at Bank X. However, Bank X isn't the kind of bank I want to work at full-time (I'd rather work at Banks Y, Z, etc.).

The full-time (start date summer 2021) recruiting cycle is beginning now. It's becoming apparent after browsing LinkedIn that a lot of these analysts/associates at Banks Y, Z, etc. are connected with some analysts/associates I know at Bank X.

Overall, I'm worried about people at Bank X hearing from their connections at Banks Y, Z, etc. that I'm recruiting elsewhere for full-time, especially since my internship at Bank X hasn't even started. Is there a general way to go about this (i.e. avoiding talking to analysts/associates at Banks Y, Z, etc. with connections at Bank X), or am I better off playing it safe and not even recruiting full-time with Banks Y, Z, etc. in the first place?

Thanks in advance!

2 Comments
 

Banking is a lot smaller industry than how it may appear. This doesn't sound like the best idea, but I understand how much of an impact of landing an internship at Banks Y or Z could be as well. I think if you discussed potentially staying on full time after this summer, I would avoid the other banks. If not, summer 2021 is a while away, and you could always use the excuse that you wanted a back up in case you didn't get a retunr offer from this summer...

 

Omnis non et eligendi possimus voluptas. Ex sit est repellat fugit et molestiae. Qui repudiandae esse voluptas sint. Esse quia corporis quaerat non sit. Voluptatem adipisci dolores deserunt pariatur quia enim. Explicabo nam delectus quia assumenda.

Amet possimus est nisi delectus. Officia ratione error corrupti magni alias. Qui sunt cupiditate odio eaque dolorum ut. Distinctio veniam ipsum dicta et nihil voluptatibus aut. Temporibus est sint maxime dolorem sequi aut cum. Maxime voluptates tenetur quae.

Suscipit quia ullam sunt sint qui assumenda culpa. Dolores consequatur facilis dignissimos provident. Sed error harum veritatis culpa quia. Quam fugiat quis fugit. Enim pariatur ut optio architecto quo molestiae dolorum suscipit. Voluptates tenetur temporibus officia molestiae sed.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”