Corona Virus and London/Europe Investment Banking

EMEA based Monkeys, how do we thing this situation will investment banking, give how the situation is far more drastic here than in the US, and likely to get significantly worse. Would be interested to hear peoples views on

  • Dealflow, will it cease for the next few months, then will we see a big surge once the situation improves? How are people currently working in LevFin, M&A etc finding things?

  • Are IBD employees currently working from home?

  • Hiring (position of Summer interns and new FT analysts), could we see layoffs?

  • Any implications sovereign debt and the stability of the financial system , could we possibly see a situation like post GFC? What will the ECB do given rates are already so low, will we see banks being bailed out again?

At this point I think anything is a guess, but i would be interested to hear views, especially from those currently working in banks.

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