Banks that sponsor NYC vs London

Hi, I'm an international student enrolled in an Ivy League uni. I've found it so incredibly difficult to get an offer from a BB in NYC (I have an offer from my home country) but I'm really looking to work in a financial center straight out of college. I'm now realizing that it may be remarkably easier to get an offer from a London BB. Would appreciate any comments on this list:

GS: case-by-case for NYC, yes for London

MS: no for NYC, yes for London

JPMC: definitely no for NYC, yes for London

DB: yes for both NYC and London

CS: yes for both NYC and London

Citi: case-by-case for NYC, yes for London

Barclays: definitely no for NYC, yes for London

UBS: no for NYC, yes for London

I also heard that it's easier to break into S&T than IBD. Does anyone have any good recon?

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Comments (38)

  • Intern in IB-M&A
Mar 24, 2021 - 12:42pm

Just wanted to add that Jefferies sponsors in the US for all of its offices. Know multiple international students that got offers.

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  • Prospect in PE - Other
Mar 25, 2021 - 5:45am

US School > London is not easy if you have no prior connection to the UK. If you're at Harvard, Wharton, or to a lesser extent Yale and Princeton, you *might* get interviews, but if you're at any other Ivy just forget about it. Most people in the UK have never heard of Brown or Dartmouth or non-Wharton UPenn.

  • Analyst 2 in IB-M&A
Mar 25, 2021 - 8:16am

Even going to Harvard doesn't mean its going to be a target, rather that HR will know your school exists. Whether they consider it a target or not will come down to literally the HR worker that is looking at your CV. Some will place it somewhere along Oxbridge & the big London schools while others will put it at the same level that the secondary continental european schools.

  • Prospect in IB-M&A
Mar 26, 2021 - 7:17am

As an international that just went through recruiting in London, I can say that almost everyone sponsored. The only places that didn't were Standard Chartered, Aviva Investors, Moelis, and Centerview. There may be some more that I'm not aware of.

  • Analyst 1 in IB - Ind
Mar 26, 2021 - 12:25pm

lol being an international is a curse in the US - try to go to London. 

As a first year analyst, you will continue to face barriers - difficult to move to PE, impossible to lateral banks etc. 

only gets harder - sad that students from schools like columbia are struggling with IBD jobs in the US 

  • Analyst 1 in IB - Gen
Mar 26, 2021 - 4:25pm

why is impossible to lateral? once you get your h-1b lateraling shouldn't be a huge problem with firms that are willing to sponsor i'd assume (GS, Citi, BAML, CS, Evercore, etc.)

Mar 26, 2021 - 5:06pm

Aw man, really? Are hedge funds the same? Everyone keeps encouraging me to try for NYC again/go to business school but I don't want to flesh out another 100k only to be stuck in the cesspool of being a second-class candidate. This pretty much reveals where I'm from but I'm available for H1B1 too and honestly, I don't think it's helped me at all. I don't know if I'm doing something wrong but I've only /not/ gotten immediately rejected by GS, CS, DB, BAML, and Citi.

  • Intern in IB-M&A
Mar 26, 2021 - 5:10pm

Could you elaborate on the lateraling part? I would have expected all the banks to be open for people who have the H1B sponsorship.

  • Intern in IB - Gen
May 1, 2021 - 10:37am

International sophomore here as well. Did you consider trying to get a IB role, not in a BB (EB/MM)? I got an offer as an international student for summer 2022 and even though I was tested harder than my American peers, I don't think it was impossible to get a good offer. I can PM you if you want 

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