We've all seen the headlines and layoffs over the past year. Will layoffs continue at the MM BB and EB level going forward? Or will banks keep headcount to be able to handle an increase in activity.
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Yes - all bank goers are getting smoked.
Oil and gas has had a few notable deals but majority of deal flow goes to ~7 banks - the others in houston have way too much headcount
Well, i am not sure. I think it could make sense if they will start laying off unproductive MDs and non-value add VPs; furthermore, they may re-think recruiting for MBA associates as a whole or discontinue such efforts altogether. But who knows these days
Next round at ubs / cs likely imminent in next 2 weeks, definitely before thanksgiving. Canned the entire CS Spain team last week
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