I applied through an employee referral. I interviewed at Morgan Stanley in Jan 2011
Interview
Got a text from the head of desk wanting a meeting, met for an informal chat over a beer, then met the other 7 members of team and the overall head of section as well as telephone conferences with heads of desk in other global centres. After further chats with boss to be, was given preliminary offer although was told no guaranteed bonus. Fairly straightforward process, no real difficult questions.