What happens to the Execs at Cowen in recent transaction?
Do the high performing MD's stay at TD? and I have also been seeing TD bringing in many new MD's throughout, what do you think the reason for this is?
Trending Content - Investment Banking Forum
Career Resources
This transaction was really looking to bring in people - hard to build a large US IB franchise from scratch, so you have to buy one. Vast vast majority of MDs will stay, there may be a few really underperforming MDs who will be paid to leave but it's not a cost-cutting transaction. Same answer for bringing in new MDs... they are trying to grow their American franchise
Only notable execs who might leave are C-suite who don't have a place at TD - i.e. you don't need two CFOs. These types are often given large payments to retire
Deserunt ea perferendis quia id id. Distinctio eaque a voluptatem vel distinctio. Quaerat quod nisi autem aperiam non ducimus.
Adipisci itaque officiis ut. Incidunt mollitia dolor sit deleniti reprehenderit dignissimos at. In perspiciatis non dolores quae aut. Ipsum et totam velit occaecati et. Maxime tenetur mollitia eligendi saepe non nostrum. Esse aut pariatur ut fugit sunt non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...