When bankers turn consultant

Professional services

Professional services

What do you do when you’ve clocked up 10, 15 or more years’ experience at an investment bank and decide it’s time for a change? Right now in Europe, it’s increasingly popular for investment bankers to take off to a professional services firm.

These companies, intent on expanding corporate finance and transactions services teams, have been snapping up banking talent and are seeking more. “I’ve got a search mandate out to hire three more partners at the moment and, yes, we’re looking for bankers,” says David Barker, global head of financial services M&A at Ernst & Young.

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