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05.01 - 03:11
Top City bankers are still in a talent war: ‘It doesn’t go away just because markets are tough’
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After a hiring frenzy for senior dealmakers in 2021, banks are wielding the axe again.
Pay soared last year as inadequately-staffed banks tried to keep up with an unprecedented deal boom. But bonuses could now shrink by 45% and annual culls of underperforming dealmakers have returned.
Does that signal an end to the vicious talent war? Senior...
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