Corporate and commercial bankers are quitting to work for private equity and debt funds
Wells Fargo, Citigroup and JPMorgan Chase all experienced net losses of high-level bankers in their corporate and commercial units last year, according to a new report. Photo: Bloomberg

Corporate and commercial bankers are quitting to work for private equity and debt funds

If you work in lending for a bank, and you’re good at your job, now is a very good time to trade up. That was the message of a new study, which looked at who’s leaving big banks and where they’re going: Big banks are losing commercial lenders to ‘less regulated environments’

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Mark Twombly, JD / MBA, CFCS

Senior Vice President, Financial Crimes Governance Compliance (BSA / AML) - Financial Intelligence / Special Projects at KeyBank (Links posted here are solely my views and not of my employer)

2 年

Not sure if this is a good thing that people are making lateral career moves to do the same job, but with less regulatory oversight…

回复
DR.Christopher Jennings MD

MEGA- ENTREPRENEUR, NORML ADVOCATE, FINANCIAL ADVISOR, ETC... SO BASICALLY I'M APART OF AN AMERICAN COALITION .

2 年

Wow

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