Global investment banks are hiring on average 13.5% more graduates than last year, according to a survey by Financial News.
The survey states that the banks hiring the greatest number of recruits are Nomura, with a UK graduate intake of 52% more than last year, and Bank of America, which is hiring 33% more graduates than in 2006. Goldman Sachs is hiring 21% more analysts than last year, a rise to 324 from 268. ING is the only bank in the sample of 14 hiring fewer graduates than last year, with UK numbers falling by 46.1%.
Deutsche Bank, HSBC and Dresdner Kleinwort are hiring the same number of graduates as in 2006.
"We plan to take on more graduates this year than last, although we are finalising the numbers," says Lucy Gregory, co-head of European graduate recruitment, Morgan Stanley. "We run summer programmes in London for interns and longer graduate programmes, which last two or three years, both of which are paid competitively. Graduate hiring is a great source of talent and we hire from across Europe to get the best cross-section of candidates," she adds.