Is the grass greener on the client side?

Activity might be picking up in M&A departments but that hasn't stemmed the flow of experienced bankers willing to make the leap into corporate in-house teams. Partly it's a case of unemployed corporate financiers taking any job on offer. Recruiters say that the candidate pool in M&A is still much bigger than the number of jobs available, and there are now more positions going at corporates. "The money's nothing like what you get in the good times at a bank, but we have got corporate assignments on our books at the moment, but not banking ones, which speaks for itself," says David Timson, senior partner of recruitment firm The Curzon Partnership.