Cash – Pharmas Online Fri, 15 Apr 2022 04:21:32 +0000 en-US hourly 1 Cash – Pharmas Online 32 32 The summer internships will not be the same this year Thu, 11 Mar 2021 06:22:44 +0000

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With New York City in lockdown for some time, thousands of graduates are worried about the future of sought-after Wall Street summer internships. Here’s what Michael found out about what big financial companies do.

Many are pushing back their start dates. Citigroup, Goldman Sachs and JPMorgan Chase postpone the start of their internships to July 6, from June. All three companies told interns they would still be paid for the full nine to 10 weeks their programs were to run.

• Citi said summer interns in New York, London, Hong Kong, Singapore and Tokyo would receive full-time job offers after graduation, provided they meet minimum program requirements of this summer.

Some are going virtual, or at least considering it. Morgan Stanley told incoming interns that most of its internship program this year will take place online (which, as it happens, mimics what many full-time bankers and traders are doing during the pandemic).