Will the current environment causes the IBD headcount (return offer) for APAC to be cut severally this year?

  • I'm wondering if the West's economic deterioration will benefit APAC since companies will flee to APAC for capital raising and M&A?
  • Do you think the total number of return offers will be greatly reduced this year due to the virus+oil affected economy?
  • Is IBD cyclical or anti-cyclical?
    Thanks for sharing your thoughts!
 

Just gonna answer this in high level. - No - Yes - Cyclical

 

What will the SA offer rates at boutique firms look like? Most of them weren't around during the last recession, and most have seen tremendous growth within the last several years. Curious if that will change or not given their fundamentally different business models.

 

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