Citigroup’s posted a surprisingly better result for the 2nd quarter. Its 2nd quarter loss for around £1.25 bln. made the financial markets show positive signs. The market is so sensitive that a better than expected loss has a positive impact! http://ap.google.com/article/ALeqM5i2PNpRzvc02u8Hv6VQVBeTamWXqgD920EOPG0
On the other hand, we might well expect a gloomy market for graduate jobs at banks. What do you think, will most of the graduates apply for BIG4 graduate programs because there are not many options/alternatives as used to be (banks)? Can we expect more competitive recruitment process at BIG4s during the next couple of years?