Was reading a short article on Bloomberg about how this is ‘the end of an era’ with regards to IB. Does this scare anyone about potential job outlook in the future…3 years, 5 years, 20 years??? I would love to hear some thoughts…Thanks all!
not sure, but i bank consolidation would have to entail - lower availability of jobs - less risk taking = less compensation - people will move to hedge funds b/c of the point made above correct me if i am wrong