Here's how much you should probably be paid as a summer intern

Rumour has it that weekly pay for financial services interns will reach 1k this summer.

Unfortunately, this may be an exaggeration: it will reach 865 a week.

This is because most banks pro-rate intern pay based on first year salaries and the standard first year salary is now 45k.

"Intern pay isn't far off 1k a week now," says the head of graduate recruitment at one international investment bank. "But it's not at 1k, because that would make intern salaries higher than analysts' salaries, which would be dangerous."

However, someone has passed us some research suggesting intern pay varies substantially from bank to bank and role to role. Below are some alleged figures from 2010. We can't vouch for their accuracy, or for the sample sizes, but they should give you an idea of what you could be earning if you've got an internship this summer.

If you have any additional information to add, let us know in the comment box at the bottom of the page.

Deutsche, trading position: 950 a week

Macquarie M&A: 850 a week

Morgan Stanley investment management: 700 a week

Nomura IBD: 850 a week, plus 100 living allowance

HSBC fixed income research: 700 a week, plus 75 accommodation allowance

UBS trade support/operations: 700 a week