JPM PB summer analyst conversion rate

Hello everyone!

I just finished my superday last week and got an offer call this week. Have been hearing that JPM overhires summer analysts and the conversion rate to full-time analysts is low. I'm just wondering how accurate this statement is in the private banking division. Any thoughts would be appreciated;).

 
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Got the offer too and have the same question. Is the overhiring a thing only for PB, or for all HK JPM offices? Just ask because I heard PB is kinda expanding these days.

 

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