SA S&T Return Offer Rate 2020
Does anyone have a good idea about what the offer rates will be for S&T this summer? Many expect it to be really low, but I’ve seen offer rates at 90%+ for now for places that gave out offers.
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Curious. Do people think that banks will follow one another and give high offer rates across the board? I guess offers are different since they're technically not public unlike how banks explained what their internships would look like back in May.
When are banks giving out offers? I think only BAML did so far?
BAML was near 100%
Is it for the NY or London? I heard that in the past few years the London S&T return rate has much lower than 100%. Would be surprised if they give near 100%
For NY
a
any word on Citi offer rates?
You can not be serious lmao
yea i'm serious - why?
edit - lol just realized
Spoke to a VP at one of the big shops (GS/JPM/MS) who said it will be entirely desk dependent. There are a lot of competing factors: trading revenue has soared but there are few people leaving at the moment, very hard to assess people virtually etc.
So he said hard to predict overall offer rate but it will just be each desk's individual decision whether they like/need their intern.
Not all banks have desk specific offers though?
Just the BB I spoke to then
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