Market pick up, more bank mergers and RTO dramarama

Good things are happening here at Harrison Rush Global Headquarters. For the first time in a few months, I am feeling positive about hiring trends. I am not ready to say things are picking up, but they are not slowing either. I would characterize it as slowly improving. Speaking with a few ECM bankers it looks like ECM deals are starting to pick up and my colleagues in various coverage groups are also talking about a slow pick up in deal activity. If you are unemployed, I advise still casting a wide net. Hiring freezes are everywhere. Just because deal flow may be picking up does not mean the lateral hiring market will simultaneously improve. There will be a lag of a few months. I also think if you are employed and comfortable in your seat you should be careful in considering a move. The motive to move this year is driven by job security not better compensation. Bonus will be bad no matter where you work but at least you may have a seat. ?

The Inside Scoop-?

Banks are pushing employees to come to the office more. Banks that traditionally allowed work from home on Fridays are now asking employees to come in. The banks also keep lists of who shows up at the office and who does not. ?

SMBC and Jefferies further strengthened their partnership. Jefferies in effect will act as the investment bank for SMBC. ?

I am hearing about more bank M&A deals to be announced over the next few months?

Long time tech banker Ron Elisek is leaving BAML for Jefferies ?

Pushkar Batra is leading Credit Suisse to head tech services at Deutsche Bank?

In other exciting news we have been proclaimed the #1 Investment Banking Search firm by IB360.net a newly formed media outlet covering the Investment banking space?

I compiled a list of our 2022 Completed Searches for review. Please see the link:?

https://harrisonrush.com/contact-us/?

Hot Jobs?

Please reach out to Tom Ragland [email protected] or
John McManus [email protected]        

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