THE CEO OF a leading investment bank recently offered Euromoney a telling judgement on the state of the sector. “There is now more talent outside the industry than inside it,” he noted, reflecting on the exodus from the big banks of some of their brightest and most successful people.
After a decade-long boom, the crash and retrenchment plus the exposure of wrongdoings and moral failure have created a revulsion against the wholesale financial services industry among its own.
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