Do RX groups layoff during bull markets?
I would assume no considering that the rest of the bank would be doing well financially and that situations like covid and the recent bank crashes show how sudden catalysts can result in an acute need for RX work, but I was wanting to know others' thoughts.
Bump
bump
Not from what I've seen. Someone somewhere usually fucks up for an RX banker to step in.
Not typically, wouldn't fire, just would not hire as much. there is always companies going bankrupt and in need out of court liability managementAdditionally some groups
like Moelis are grouped M&A/Rx together and will lean towards one side depending on the market trend.
Those firms don’t group M&A and RX together, they’re separate pools of people
bump
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