<p>This is just one example of banks scrambling to get top talent in place. All of the ibanks are taking the opportunity to strengthen their teams. The new hires are bringing whole teams with them. Hiring goes on kids!</p>
<p>[Bear’s</a> Mayer turns down $27m to join UBS](<a href=“http://www.wealth-bulletin.com/people/moves/content/2451977941/]Bear’s”>http://www.wealth-bulletin.com/people/moves/content/2451977941/)</p>
<p>One robin does not a Spring make.</p>
<p>Sure the few top people will land on their feet. But armies will be looking for shelter.</p>
<p>[Search</a> Results for layoffs (Dealscape)](<a href=“http://www.thedeal.com/dealscape/fastsearch?tag=layoffs&IncludeBlogs=29]Search”>http://www.thedeal.com/dealscape/fastsearch?tag=layoffs&IncludeBlogs=29)</p>
<p>this could also be a bad sign for UBS.
maybe the exec doesn’t see a bright future in UBS.</p>
<p>===
[Banker</a> Times](<a href=“http://bankertimes.com%5DBanker”>http://bankertimes.com)
investment banking news</p>
<p>Certainly it’s not Spring on WS. My point is that grads in the next couple of years should not hesitate to still look at The Street. There will be cuts and tightening, but there remain viable and exciting career opportunities.</p>
<p>Bankertimes, wouldn’t you mean JP Morgan? He turned down JPM to join UBS instead. He was a former BSC exec.</p>
<p>Morgan just bougth $50 billion in deposits for $1.9 billion. They’re just fine too.</p>
<p>Yes, I wasn’t implying they weren’t doing ok, just clarifying the statement made.</p>
<p>C-Revs, LOL my bad, i totally read that headline wrong</p>
<p>===
[Banker</a> Times](<a href=“http://bankertimes.com%5DBanker”>http://bankertimes.com)
investment banking news</p>
<p>Haha I figured, the title was a bit confusing. You post at WSO btw right?</p>
<p>C-Revs, yup :)</p>
<p>===
[Banker</a> Times](<a href=“http://bankertimes.com%5DBanker”>http://bankertimes.com)
investment banking news</p>