Company referrals--does having more help?

I've been wondering: does having more than 1 person at a company (a large bank like GS/MS) refer you help in getting a first round? Or does having, say, 3 people refer you not differ from having 1 person--i.e. once your resume has been flagged, it's been flagged? Obviously I'm talking about junior people (analysts/associates) refer you, not an additional MD/partner that has serious sway.

Curious how this works. Thanks.

 

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