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Bank's Recruitment Down

2009-01-05 12:00:00 GMT

Courtesy of FT.com: Investment banks are responding to the credit crunch by narrowing their active recruitment to a tiny handful of universities, at the expense of“wannabe”investment bankers studying at some of the UK�s leading institutions, according to campus careers officers. Read full story.

City's New Year Slumber

2009-01-02 12:00:00 GMT

Courtesy of Guardian.co.uk: Britain's retailers might have been putting in long hours over the festive period to try to woo shoppers into the stores, but other parts of the economy are still on hold. In the City the streets were have been more or less deserted, the financial �sector, battered by the fall-out from the credit crunch, taking the chance to gather its resources for the coming year. Read full story.

Happy New Year!

2009-01-01 12:00:00 GMT

Happy New Year to all students and employers from the team here at internshipHelp. We wish you success in all your activities and applications for the coming year.

Extra Banking Tips

2008-12-30 12:00:00 GMT

Courtesy of eFinancialCareers.co.uk: A senior capital markets professional at a European bank in London discloses what banks are really looking for besides a 1st or 2:1 from a top university. Read full article.

Launchpad To Law 2009

2008-12-28 12:00:00 GMT

Courtesy of LawCareers.net: Launchpad is for non-law students and graduates, and covers everything you need to know about pursuing a legal career. The guide is a starting point for anyone considering the legal profession and contains information on what lawyers actually do. Read full guide.

Deutsche vs The Church

2008-12-27 12:00:00 GMT

Courtesy of FT.com: Deutsche Bank reacted angrily on Friday after Germany�s senior Protestant bishop accused Josef Ackermann, its chief executive, of turning money-making into a form of“idolatry�. Read full story.

Merry Xmas!

2008-12-25 12:00:00 GMT

Merry Christmas from everyone here at the internshipHelp team!

Credit Suisse Pay Plan

2008-12-22 12:00:00 GMT

Courtesy of FT.com: Credit Suisse�s plan to link the pay of its top investment bankers partly to the value of illiquid assets that many of them helped to accumulate prompted mixed reactions from employees, shareholders and rivals. Read full story.

Credit Crunch Glossary

2008-12-19 12:00:00 GMT

Courtesy of Guardian.co.uk: A selection of obscure but important terms associated with this year's global markets meltdown. Make sure you brush up on these before your interviews! Read full article.

BNP Reveals Losses

2008-12-17 12:00:00 GMT

Courtesy of Bloomberg.com: BNP Paribas SA, France�s largest bank, may cut 5%of the workforce at its securities unit, or about 800 jobs, after losses since October more than wiped out the division�s profit for the first three quarters of the year. Read full story.

Failed Internship?

2008-12-15 12:00:00 GMT

Check out the latest guest article: Kunal talks us through his term after failing to get a full time offer following an internship at Deutsche. It was a painful rejection and a stressful time that followed but his experience has made him stronger for it. Read full article.

Allen & Overy Fees Scandal

2008-12-14 12:00:00 GMT

Courtesy of FT.com: Lambasted for racking up more than �5m in fees on a five-day patent trial, Allen & Overy has been ordered to disclose its projected bill for a related case, in a move that reflects increasing judicial disquiet about spiralling legal costs. Read full story.

Goldmans Toughen Retirement

2008-12-11 12:00:00 GMT

Courtesy of FT.com: Goldman Sachs is to change its retirement rules, giving long-serving employees an incentive to leave before the end of the year, in a move that could add to the 3,000-plus redundancies already announced by the bank. Read full story.

Life In An Actuary

2008-12-10 12:00:00 GMT

Read the latest guest article: Louise walks us through a day in the life of an actuarist. With the credit crisis and volatile markets, opportunities for traditional mainstream mathematical internships in banking are becoming sparser and the brightest analytical minds might want to consider actuarial internships. Read article.

Poor Diversity In Law

2008-12-08 12:00:00 GMT

Courtesy of LawCareers.net: The Black Solicitors Network (BSN) has published its latest diversity table, but has voiced its concerns about a woeful lack of response from many firms. Read full story.

Nomura Sack 1000

2008-12-05 12:00:00 GMT

Courtesy of BBC.co.uk: Japanese financial services group Nomura has announced that it will cut its staff in London by up to 1,000. This will have an impact on internship recruitment for 2009. Read full story.

FSA Get

2008-12-03 12:00:00 GMT

Courtesy of FT.co.uk: Banks will face more�intrusive�oversight from the City watchdog as part of its plans to beef up its role and its staff. This is likely to increase restrictions on banks' operations and put pressure on future recruitment and internships. Read Full Story.

M&A Recovery In 2009?

2008-12-02 12:00:00 GMT

Courtesy of Economist.com: What will happen when confidence returns to the financial markets and good deals can get funding? Failed mergers might re-kindle their flames and the potential for internships in this area might still be strong. Read full story.

Credit Suisse Axe 650 Jobs

2008-12-01 12:00:00 GMT

Courtesy of BBC.co.uk: Troubled Swiss banking giant Credit Suisse has confirmed that it will cut 650 jobs from its UK workforce. This is likely to have a knock on effect for internships in Summer 2009. Read full story.

RBS Government Takeover

2008-11-28 12:00:00 GMT

Courtesy of Bloomberg.com: Royal Bank of Scotland Group Plc will sell the government almost 20 billion pounds ($31 billion) of stock and a majority stake. Future bleak for internship opportunities? Read full story.

Implications Of Citi's Rescue

2008-11-26 12:00:00 GMT

Courtesy of FT.co.uk: While markets cheered the government�s rescue of Citi, the latest federal intervention into the US banking system has raised an additional question: what other banks are too big to fail, and how will investors know? Moreover, how should interns decide which which banks to apply to? Read full story.

Bright Accounting Future

2008-11-25 12:00:00 GMT

Courtesy of eFinancialCareers.co.uk: At some point, banks that are merging will need an army of accountants to help integrate their businesses. Will this encourage you to consider an internship in accounting? Read full story.

HSBC Bonuses Rethink

2008-11-24 12:00:00 GMT

Courtesy of Bloomberg.com: HSBC Holdings Plc�s Chairman Stephen Green said pay and bonuses should be reviewed to discourage financial services companies taking too many risks. How will this effect your internship decisions? Read full story.

Citigroup In Crisis Talks

2008-11-21 12:00:00 GMT

Courtesy of Guardian.co.uk: Citigroup's CEO is holding crisis talks with his senior executives ahead of a full board meeting this afternoon to confront the crippled banking group's collapsing share price. Once a big employer of interns, what is the future likely to hold for Citigroup? Read full story.

Rolls Royce Cut 5%Of Jobs

2008-11-20 12:00:00 GMT

Courtesy of BBC.co.uk: Aircraft engine maker Rolls-Royce has said it plans to cut between 1,500 and 2,000 jobs in 2009. Read full story.

End Of Big Bonuses?

2008-11-18 12:00:00 GMT

Courtesy of Guardian.co.uk: UBS set out a tough new pay system yesterday for its top executives that could see senior bankers "fined" or forced to repay part of their bonuses if they under-perform in years of hefty losses. Will this put off people applying for internships in the banking sector? Read full story.

Gender Pay Gap Widens

2008-11-17 12:00:00 GMT

Courtesy of Guardian.co.uk: The pay gap between men and women has widened over the past year to stand at 17.1%, official figures out today showed. Read full story.

BT Strikes Off 10,000 Workers

2008-11-13 12:00:00 GMT

Courtesy of Guardian.co.uk: BT is axing 10,000 workers, or 6%of its global workforce, with several thousand expected to go in the UK as the company looks to cut costs and reduce its reliance on contractors in the face of the global economic downturn. Read full story.

Worry For IT Jobs In Banking

2008-11-11 12:00:00 GMT

Courtesy of eFinancialCareers.co.uk: IT budgets are facing double-digit reductions, more redundancies are on the cards, and projects are being put on ice. Read full story.

Bonuses Slump In London And New York

2008-11-10 12:00:00 GMT

Courtesy of eFinancialCareers.co.uk: London and New York bankers are expected to suffer more than those elsewhere come bonus time. Headhunter Options Group is predicting a 45-50%reduction in payouts in the two cities. Read full story.

Highest Unemployment Since 1998

2008-11-07 12:00:00 GMT

Courtesy of FT.com: Unemployment is likely to have risen above 1.8m, the highest level since 1998, a year after Labour came to power, official statistics are expected to report on Wednesday. Read full story.

Mood In The City

2008-11-03 12:00:00 GMT

Read the latest guest article: Alok Gupta looks back on his internship with Nomura and assesses the mood in the city during the financial turmoil in the city and assesses prospects for the future on investment banking and internships in this once-lucrative sector. Read article.

Talkin Bout My 'Generation Q'

2008-10-28 12:00:00 GMT

Check out the latest guest article: Jamie Martin of The Conservative Party talks about the new 'Generation Q' of serious and committed young people looking to make a positive difference to the world through voluntary work and ethical career choices. Read article.

Website Goes LIVE

2008-10-21 12:00:00 GMT

Welcome to the UK's first free and dedicated internship website. Please register and look around and send us your feedback on what you would like to see. After all we are here to help, we are internshipHelp.