Mizuho vs Societe Generale vs HSBC Global Markets Summer Internship

Got S&T offers at these 3 banks in London over the summer and need to choose one.  

Mizuho: Rates Sales desk only (non-rotational) and they only do fixed income.

Soc Gen and HSBC each have 3 rotations on the internship and have a large variety of desks for grads to choose from.

My main goal is to convert to a grad job. I have also heard Japanese culture is better. I was leaning towards SocGen due to the fact that it is rotational (HSBC is restructuring in IB so not sure if that could affects markets in coming years). I believe comp is similar across all 3 banks.

What would you guys choose?

3 Comments
 

Et voluptatem amet aut voluptas deserunt dolore omnis. Odit debitis adipisci vel voluptatem dolores illum quis dolorum. Porro corrupti similique nisi quia consequatur maxime ratione consequuntur.

Provident id et debitis ab possimus ipsa. Libero eligendi facere debitis consequatur est nam enim voluptates. Ut sunt voluptatum aut et quam consequatur quia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”