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Graduates prefer well-known banks
Thursday, 08 April 2010
Banking and Finance
Recent university leavers looking for graduate jobs in banking and finance may be interested to hear that their fellow job-seekers would prefer to work for a well-known institution even if it is making a loss or part-nationalised.
A Targetjobs survey, published on Tuesday (April 6th), showed that among the 80,000 students and recent graduates who voted, HSBC and Barclays came out first and second as businesses they would like to work for, the Financial Times reports.
But, Royal Bank of Scotland, which the government has a 70 per cent stake of, and the Financial Services Authority, which could be made defunct if the Conservative Party wins the general election, were ranked three and four.
What was made more intriguing was that they finished ahead of the likes of Lloyds, and Santander, two of the fastest-growing companies in the market.
Nick Woolf, partner at Sainty Hird, told the paper: "The FSA is an odd choice, given the uncertainty of its future."
Simon Hayes, head of the financial services practice at Odgers Berndston, added: "I would expect graduates to become increasingly aware of the profile of Santander."
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