LONDON 2024 FT & OFF-CYCLE

I don't think anyone has launched this thread yet, so just comment on new openings etc here.

For now, these are the following places that are open as of 26/08/2023:

GS (off-cycle and FT)

HSBC (off-cycle)

BX (FT)

PWP (off-cycle)

 
The Crown

Here is what I have:

Goldman Sachs- FT & OC open

JP Morgan- OC, FT opens soon

Morgan Stanley- About to post more OC & FT

Deutsche Bank- About to open FT & OC

Barclays- Opens October 1st

Citi- Opens soon

Bank of America- NOT HIRING

HSBC- Opens soon (commercial FT & OC open)

Santander-Opens soon

Wells Fargo- FT opens later

UBS- FT & OC open September

RBS- Opens September

RBC- Opens September

Nomura-Opens soon

SMBC- Opens soon

Mizuho- Opens soon

BNP- Opens soon

Macquarie- Opens September

Credit Agricole- FT opens soon

Standard Chartered- FT opens September

Canaccord-OC open, FT later

Stifel-FT opens soon

Piper Sandler-FT & OC open later

Jefferies- FT & OC open soon

Rothschild-FT opens soon, OC Open

Moelis-Opens OC & FT later

Evercore-Advisory FT open, rest open soon

PWP- OC open, NO FT

Lazard- FT opens soon

PJT- FT & OC open soon

Houlihan Lokey-Opens soon (OC & FT)

Greenhill- FT & OC open soon

Gleacher Shacklock- FT & OC open soon

William Blair-OC open

Baird-OC opens again soon

Harris Williams-Open soon

Arma-FT & OC open soon

Alantra-FT & OC

PIMCO- OC open, FT opens soon

BlackStone-OC open

GS will not hire for IBD in London. JPM does not hire for OC in London. MS will open OC as usual but will not open FT. Citi will not open FT. UBS will not hire FT, they have 60 SA / OC from CS to fast track. PJT won't open FT. Greenhill will only open FT if people renege from SA conversion. 

 

Very helpful, thank you. Seems like recruiting this year will be extremely competitive if 4 of the US BBs + UBS & CS are not recruiting. Basically leaves you with just a handful of reputable banks left. If you don't mind me asking, what's the source for this info?

 

Is BX really open for FT? I just see summers and FT within Real Estate.

 

Applied to GS OC in April, did HV in June and haven't heard back - nor do I know anyone who has, anyone else?

 

Does anyone have an update on Blackstone H1 2024 Credit Off-cycle role? 

 

Santander opened for FT yesterday.

Know smeone at the firm who said they're recruiting aggressively in IB roles

 

Well I hope tf that they give me an interview. I've applied EVERYWHERE and I'm not even getting any damn interviews.

 

Don't be disheartened. I'm on the other side seeing these applications now, and my god the quality is insane this year. Analysts at best BB's applying for this stuff.

Keep going forward, best of luck.

 

Did anyone hear back after HSBC Job Simulation? For the off-cycle role

 

Has anyone heard back on their Morgan Stanley off-cycle 2024 application? Just saw a post that HV for SA 2024 is out. 

 

Does anyone know what's happening with Rothschild's FT? They've had the job advert up for like a week now but that apps "aren't open, and an update will be provided shortly"?

 

iBanker3000

Does anyone know what's happening with Rothschild's FT? They've had the job advert up for like a week now but that apps "aren't open, and an update will be provided shortly"?

They're closed for this year. No headcount. Source: Interns

 

Thanks for fast response! So if I would want to apply for May/June 2024 OCs, I would have to start applying in Jan 2024? Cause they don’t ask date of availability anywhere I believe.

 

TacOps only recruit for Sept start and takes 1 intern. Application starts in March, did 4 rounds with them this year then ding 

 

Does anyone have an update on the Barclays banking graduate analyst role - after the assessment and VI?

 

Do you know if the Rothschild process moved any further after the online assessment? 

 

Yeah, I'm the same mate - tough market for London atm. Do you know why they leave it so late to begin interviews for OC Jan start? They seem to recruit alongside SA for Jan, despite the role starting 6 months earlier. 

 
Most Helpful

Most banks want to shift people out from London towards European offices ASAP. At GS, people who do their internship in London get FT offers for European offices if they speak the local language. Recruiting for London is very difficult because of the following reasons:

1) You are not just competing against people from the UK, but you are competing against a ton of European candidates (and tbh quite a few Asian candidates too)

2) It's a really bad year for IB so headcount is down significantly, especially for FT recruiting

3) All the major banks are aggressively decreasing headcount in London and growing their presence in Europe

The combination of these three factors makes recruiting for London very difficult so if you are wrapping up your studies and need to maximize your opportunities of getting FT, I would 100% target continental Europe over London. 

 

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