ibhopeful, you seem to know a lot about BB's in HK. you have any idea how many FT each is hiring this year? i heard they aren't hiring massively. any stats is appreciated!

 
Best Response

Really not sure about FT recruiting. What I can tell you is that essentially every bank is swamped and understaffed.

One thing that is a bit unique about HK recruting is that they do "accelerated" interviews during the summer. Essentially all the HR's pass around a resume and they are allowed to invite all interns to interviews (the bank the intern is originally employed at has the right to first offer).

I know a lot of the banks hired some already. JP morgan hired 9 ft analyst from other banks (but less than half accepted). As expected, yield rate is low through this method as most people develop some sort of relationship with the team they originally worked for.

I'm fairly confident HK recruiting will pick up this year. Do your due-diligence however, and find out which banks are good in HK, because some are not doing so great.

 

Tempore voluptas quo ullam vero rerum. Voluptate voluptatum sed qui ducimus ab.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”