Head of Particular Coverage Group left in Satellite City; new head appointed in NYC - what happens to Newly hired VP and Juniors?
The Head of a particular coverage group left to become CFO from a Satellite City. The new Head was appointed in NYC from a prominent IB. A VP was just hired in the Satellite City a few months earlier. This group has undergone massive transition over last two years particularly. What will happen to the VP and all the juniors in the satellite city if the head was appointed in NYC?
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