The latest industry to suffer labour shortages: investment banking
Banks are having to work harder than ever to attract and retain top talent
AFTER A DISMAL decade, bankers of all stripes had reasons to be cheerful last year. Eighteen months of soaring corporate dealmaking generated blockbuster fees for mergers and acquisitions (M&A) desks. Their counterparts in debt advisory played midwife to a deluge of newly minted bonds. Bouts of high volatility buoyed traders’ revenues. Though the dealmaking frenzy may have cooled a little in 2022, lenders are licking their lips at the prospect of sharply rising interest rates.
This article appeared in the Finance & economics section of the print edition under the headline “Talent wars”
Finance & economics April 16th 2022
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- Consumer prices in America rise at their fastest pace since 1981
- Sri Lanka’s default could be the first of many
- The latest industry to suffer labour shortages: investment banking
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- What bigger military budgets mean for the economy
From the April 16th 2022 edition
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