IB Cuts: Houston Edition
Are any banks looking to cut fat around this period? I would imagine if anything the energy groups are more insulated right now given the high oil prices, deal flow, and generally the fact that the group was never really dependent on ECM so didn't boom with the high ECM activity but also means there isn't much to cut right now. Thoughts?
Oil M&A hasn’t been very active. Better than 2020 sure. But not near 2016/2017 levels
Lazard
Ton of MDs and still no dealflow?
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