Who IS hiring graduates and interns this year?
Given the arid hiring landscape out there, we thought we'd put this question to graduate recruiters on your behalf. Some of them responded. Some of them are hiring for 2009 - even in the front office. Some of them never got back to us (we'll chase them and will update if they do). And some of them did get back to us, but refused to comment (draw your own conclusions). Here's what they said....
Barclays Capital
Hiring interns?
Yes, into "all" business areas, as per 2007 (from this we deduce compliance, corporate real estate, investment banking and trading).
Intern numbers compared to last year?
To be decided.
Hiring graduates for a 2009 start?
Yes. But only into "most infrastructure areas and one or two front-office areas" (they declined to say which).
Graduate careers site?
Click here.
Bank of America
No response.
BNP Paribas
Declined to comment.
Citigroup
Hiring interns?
Yes, into investment banking, corporate banking, capital markets origination, sales & trading, global transaction services, operations, technology, risk management and human resources.
Intern numbers compared to last year?
Roughly the same.
Hiring graduates for a 2009 start?
Yes, into sales & trading, capital markets origination, risk management and technology. Also recruiting for investment banking and global transaction services in a range of other locations, such as Moscow, Dubai, Turkey, Frankfurt.
Graduate careers site?
Click here.
Credit Suisse
No response.
Deutsche Bank
No response.
Goldman Sachs
Declined to comment.
ICAP
Hiring interns?
Yes, into broking, ship broking, and finance.
Intern numbers compared to last year?
Same.
Hiring graduates for a 2009 start?
Yes, into broking, ship broking, and finance.
Graduate careers site?
Click here.
JPMorgan
Declined to comment.
Merrill Lynch
Declined to comment.
Morgan Stanley
Hiring interns?
Yes, into all business areas - investment banking, sales trading and research, global wealth management, investment management, operations and technology.
Intern numbers compared to last year?
Similar.
Hiring graduates for a 2009 start?
Not across the board. "Where roles continue to remain following our intern conversion process, or if new roles become available throughout the remainder of this year, we are and will promote those openings on campus through detailed job descriptions."
Graduate careers site?
Click here.
Rothschild
Hiring interns?
Yes, into the investment banking division - M&A advisory, debt advisory or equity advisory.
Intern numbers compared to last year?
Similar (25-30 summer interns, c30 long-term interns).
Hiring graduates for a 2009 start?
Yes, into the investment banking division - M&A advisory, debt advisory or equity advisory.
Graduate careers site?
Click here.
UBS
Hiring interns? Yes, into all areas of the investment bank, including fixed income, currencies and commodities, equities, the investment banking division and logistics.
Intern numbers compared to last year? Slight decrease.
Hiring graduates for a 2009 start? Yes, into all areas of the bank, including fixed income, currencies and commodities, equities, the investment banking division, and logistics. Positions are already full for some specific functions.
Graduate careers site? Click here.