Is the banking boom sustainable?

Investment banks continued to ride high in 2006 on good fundamentals and the added boost of strong hedge fund and private equity activity, proprietary trading and continuing globalization. Alex Chambers assesses whether they can sustain the good times in 2007.

The Champions League of investment banking

AS THE 2007 investment banking season gets under way the key managers in charge of marshalling the leading firms’ resources and directing strategy teams face serious challenges and uncertainties that will govern their success.

So how should managers position for the year ahead? All will be thinking about the need to invest in areas that have driven growth during 2006 and other recent years. Conditions have been benign until now – but nothing lasts for ever.

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