by meridith dennes | Jun 26, 2025 | News
The Bottom Line Florida is creating the most employer-friendly non-compete environment in U.S. history just as federal restrictions collapse and Wall Street South gains momentum. For financial services firms, this represents the biggest regulatory arbitrage...
by meridith dennes | Jun 26, 2025 | News
Bottom Line Up Front: Jefferies’ 40% profit decline and earnings miss serve as an early warning system for the broader investment banking sector, with major banks reporting Q2 results in mid-July facing similar headwinds from trade uncertainty and muted deal...
by meridith dennes | Jun 19, 2025 | News
Investment bank staff brace for deeper cuts as consultants hunt for hundreds of millions in cost reductions It’s shaping up to be a particularly grim period for Barclays investment bankers, who are now watching McKinsey consultants roam their halls like... by meridith dennes | Jun 9, 2025 | News
Ken Moelis, the dealmaker who founded his eponymous investment bank nearly two decades ago, is executing a carefully planned succession that underscores the maturation of elite boutique advisory firms on Wall Street. Planned succession reflects sector evolution The...
by meridith dennes | Jun 3, 2025 | News
Investment banking has long suffered from a peculiar form of creative accounting that has nothing to do with balance sheets and everything to do with self-preservation. For years, bankers have mastered the art of pipeline inflation—stuffing their deal forecasts with...
by meridith dennes | May 31, 2025 | Lateral Recruiting, News
Bottom Line Up Front: Garden leave, long a fixture of investment banking, is facing its most serious existential threat yet. With two major banks reportedly eliminating the practice for directors and above amid the slowest M&A market in years, we may be witnessing...