Bloomberg Wall Street Week - June 16, 2023
Wall Street Week
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The Loss of Investment Bankers
We are losing a few investment bankers but not that much more than what is normal annual turnover. We made a management change in our investment bank we spent a lot of time last year thinking about what we expected the banking landscape to be over the next decade. The private equity groups have been very large private credit funds are becoming bigger they are slightly disintermediating what banks are doing and we wanted to put more emphasis in Europe as well so you bring it all together.
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