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Goldman Sachs sees 19,000 grads apply as pandemic fuels ‘extremely fierce’ job market

The virus has forced banks to completely overhaul their recruitment process to virtual events in 2020, which has resulted in a big spread of applicants

Big banks and 'a whole flurry of employers have seen unprecedented numbers of applications this year'
Big banks and 'a whole flurry of employers have seen unprecedented numbers of applications this year' Photo: Getty Images

Everyone wants to be a City intern or junior banker now. Tens of thousands of graduates have flooded investment banks with applications, helped, in part by an easier online recruitment process.

The problem? The Covid-19 pandemic has forced UK firms to slash the number of entry-level jobs. With banks seen as a safe option in this crisis, the already cut-throat race to enter the financial industry is even more competitive.

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