Asian S&T 2020SA return offer rate

okay since no replies so far I guess I'll take first stab for the future asian monkeys. 2020 BB SA here btw

Anecdotally (based on convos with friends etc) - 2020 was a marginal improvement over 2019 rates, at least have not heard of any bank giving 0% return rates this year (heard baml singapore did that last year). Citi and BAML gave out very high return rates this year, but not 100%. CS and DB gave out around 40-50%. Others I have not heard of so will prefer not to comment on. Though anecdotally again have heard that GS had a pretty decent year, think 50-60%

I have no insights as to 2021 FT hire but seems like it's a trend in Asia now for guys who didn't score a return offer to re-recruit for next year's SA instead of FT - seen a lot of that this year already - plenty of 2019 BB SAs deferring graduation to try their luck at another BB this summer. So I'd imagine FT recruiting isn't in a great place right now. There are sporadic job openings (UBS has a 2021 GM Analyst program opening I think) but again those are few and far between.

also would add: group/desk return offer rates matter much more than bank-wide return rates! some banks gave high rates to trading and low rates to sales, and vice versa - not always a 50/50 split

hope this helps, know that a lot of it is based on anecdotal stuff but tldr: apac rates this year were around 30-60%(?) for most places except citi & baml

fellow 2020 SAs please chime in :)