2021 SA IBD as of 7/31/2020

Prospect in Other

Which banks are still recruiting? Which banks are done? Thought I set up this thread to see where things are at as of 7/31/2020.

Comments (65)

Most Helpful
  • Prospect in IB-M&A
Jul 31, 2020

BofA hasn't started recruiting yet but I know they are kicking off within the next two weeks. According to the other thread, Chicago did send out some phone screens.

DB also has another process coming up in fall.

Lazard, Centerview hasn't started yet.

PJT just kicked off yesterday.

Jefferies is under a hiring freeze but should start off in a month.

Scotiabank is also under a freeze.

TPH hasn't started yet.

Macquarie has a process coming up.

JPM hasn't started non-diversity NY yet.

UBS is all over the place but they still have spots left and should have more waves.

Will update if I hear about anything else.

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  • Prospect in IB-M&A
Jul 31, 2020

TPH is done unless you're in their bootcamp

    • 1
  • Intern in IB - Ind
Jul 31, 2020

UBS hasn't started for non diversity. Spoke with a recruiter a few weeks ago who confirmed this. All the comments about offers in the UBS thread are either for the sophomore program or diversity. They'll probably roll out SDs end of August

  • Intern in HF - Other
Aug 1, 2020

Thank the lord, all the people on the UBS thread gave me a heart attack

  • Prospect in IB - Gen
Aug 2, 2020

Thanks for this update man. Would SB but don't have any

  • Intern in PE - LBOs
Aug 2, 2020

UBS has given out non-diversity offers

  • Prospect in IB - Gen
Aug 6, 2020

They've definitely given out some, one of my friends has an offer and he's whiter than rice on notebook paper.

  • Prospect in 
Aug 1, 2020

Thank you for this.

  • Analyst 1 in IB - Gen
Aug 2, 2020

Is Jefferies hiring freeze thing true for all offices? Specifically San Fran and Houston?

  • Prospect in IB-M&A
Aug 2, 2020

I know it's true for Houston, no idea about San Fran.

  • Intern in IB-M&A
Aug 2, 2020

TPH has started and mostly done.

  • Prospect in IB - Gen
Jul 31, 2020

Barclays has only done some diversity, set to kick off in mid-late August.

Citi already has a lot of its class but there will be some recruiting still in fall.

GS is in the middle of the first wave of superdays

MS hasn't started for non-diversity NYC, although most regional slots are fully filled

PJT RSSG is finished, Evercore is finished, Moelis finished (?)

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  • Intern in IB - Ind
Jul 31, 2020

Some positions in Evercore SA have recently opened up. I didn't apply but I have friends that are getting first round calls

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  • Intern in IB - Gen
Jul 31, 2020

for M&A?

Jul 31, 2020

Just their direct hire stuff though which is not M&A/RSSG -- that's stuff like equity research.

  • Intern in IB - Gen
Jul 31, 2020

you're correct on Moelis and PJT RSSG, both finished in May

  • Intern in HF - Other
Jul 31, 2020

GS is essentially done. Seemed to have filled most for their spots with the first day of supers of the first wave. Already sent invites for the second wave in August which might just be an auto-reject depending on how many kids accept.

  • Intern in IB - Ind
Aug 2, 2020

tragiccc....source on this?

  • Prospect in AM - Equities
Aug 6, 2020

Barclays was finished for Toronto in June. I'm surprised they would start later in the States.

  • Prospect in IB - Gen
Aug 6, 2020

They've exclusively done diversity thus far for NYC. LA has filled I heard

Jul 31, 2020

What're the best firms to look into for someone who dropped the ball and hasn't applied anywhere yet?

  • Prospect in IB - Gen
Jul 31, 2020

Jefferies, MMs, LMMs, any bank that kinda straddles BB/MM (RBC, HSBC, Macquarie, etc)

  • Prospect in IB-M&A
Aug 1, 2020

RBC finished in early June

  • Intern in AM - Equities
Jul 31, 2020

This thread
am I the only one who thinks recruiting has been a total shitshow this year?

    • 7
Jul 31, 2020

It's always been a shitshow since the banks started accelerating the process, and corona just made things worse

Jul 31, 2020

It's even worse at the regional office level where BBs recruit three - four months apart

Array

  • Intern in HF - Other
Jul 31, 2020

Following

Jul 31, 2020

TBH I'm at a point where McDonald's looks like an attractive offer. Really sucks knowing on the back of my mind that if I go into Junior year without an offer then I am basically fucked.

But, on that note, I am a non-target/non-diversity, 3.85 GPA, part of school fund, will take your ankles in basketball and I swear I will work my butt off day 1 of summer 2021. So if you are part of any recruiting teams at a boutique, EB, MM, BB, please pm me and let's set up a networking call.

'I'm the best decision this organization has ever made.' - Tom Brady

Array

    • 4
    • 3
Aug 1, 2020

C/O 22 here. At this point I am just gunning for any role in finance

Array

    • 1
Aug 6, 2020

In the same boat. Real depressed. C/O 22 non target 4.0 with a commercial banking internship and of the 25 applications I sent out for Chicago, only Blair and GS got back to me with a thick rejection.

At this point I'm with you... hoping for any role in banking/finance after college.. This sucks

    • 1
Jul 31, 2020

Lazard, Evercore capital markets, and Centerview are all open

  • Intern in IB - Gen
Aug 1, 2020

following

  • Prospect in IB - Gen
Aug 1, 2020

HW starts end-Aug, Lincoln just started and has apparently sent out some 1st rounds

Aug 6, 2020

I don't understand why Lincoln is recruiting SA in NYC but not Chicago :/

Aug 2, 2020

Keybanc should have their 2021 class done soon

  • Prospect in IB - Gen
Aug 2, 2020

It's basically done. Some people (like me) have already accepted offers and others have superdays next week.

Aug 2, 2020

Oh shit good job man! How'd you hear back so fast? Phone call or email? Was it for Chicago?

  • Prospect in IB-M&A
Aug 2, 2020

Houlihan Lokey also has a hiring freeze like Jefferies, hopefully opens up at some point. Raymond James and Truist (SunTrust RH) should be at some point this fall. What is the general consensus on RJ and Truist? I've heard RJ has some great groups and overall a decent name. Also any insight on changes in Truist rep given the merger?

  • Prospect in IB - Gen
Aug 2, 2020

[deleted]

  • Prospect in IB - Gen
Aug 2, 2020

Why did RJ have an app open for Virginia SA? I applied for it, and then the next day it closed. Got rejected a couple days later lol

  • Prospect in IB-M&A
Aug 2, 2020

Was prob a mistake, it should be open in a few weeks.

  • Prospect in IB-M&A
Aug 6, 2020

Following and bump. Anywhere else still open and recruiting?

  • Prospect in IB-M&A
Aug 6, 2020

Wells

  • Prospect in IB-M&A
Aug 6, 2020

I applied back when CIB opened up but haven't heard anything since, still moving?

  • Prospect in IB - Gen
Aug 6, 2020

I thought IB closed in june?

Aug 6, 2020

Following.

Aug 6, 2020

To chip in on what I know for sure is closed:

PWP
Moelis
Evercore M&A and RX
PJT RSSG
Greenhill
Citi HC, most of IB iirc

No clue about S&T, other divisions, if there are any corrections to this please lmk

Array

  • Prospect in IB-M&A
Aug 6, 2020

RBC IB

  • Intern in 
Aug 6, 2020

Guggenheim, PJ Solomon, CS (maybe another wave in fall)

Aug 6, 2020

Can anyone offer any Chicago-specific insight?

GS is closed in Chicago and so is Blair... Still have an open application with CS and JPM.. Applied to Societe Generale earlier this week.

Any non-IB shops that are heavy on interns to look into? I was thinking United Airlines, Walgreens, or McDonald's corporate headquarters. Also gonna look into Ford HQ FP&A internships in Dearborn. Very interested in banking and it is definitely my first choice but things are starting to look grim. Non target 4.0 with a commercial banking internship and i haven't heard back anything except for rejections from WB and GS

  • Prospect in IB - Gen
Aug 6, 2020
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  • Prospect in IB - Gen
Aug 6, 2020
Aug 6, 2020