![Big banks and 'a whole flurry of employers have seen unprecedented numbers of applications this year'](https://s.wsj.net/public/resources/images/FN-AL960_fn_gra_M_20201204122516.jpg)
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.