Stronger banks poach senior staff from rivals

Discussion in 'Professional Trading' started by ASusilovic, Apr 7, 2009.

  1. One of the biggest banker poaching exercises seen in Europe for years is under way as those banks that have survived the credit crisis better than their rivals hire senior talent., the FT reported. Since the September collapse of Lehman Brothers, banks such as Deutsche Bank, Credit Suisse and Rothschild have hired managing directors in Europe across debt and equity capital markets and mergers and acquisitions. These banks are making strategic strikes, luring star bankers who would have been expensive during boom times, or picking up whole teams that will bring business with them.
  2. 1) Cream and crap rise to the top.
    2) Have any firms agreed to your "5 & 50" compensation arrangement yet? :cool: