When Bankers Play Musical Chairs
Another investment banker may be readying to switch jobs in what appears to be a longrunning musical chairs. We hear that a senior executive with a British Bank, which is cleaning up its books due to heavy bad loans, may move to a rival Swiss bank. The potential employer can surely do with all the help it can get to revive its fortunes. It is in quite a spot, having been reduced to a five-member team with no visible mandates in the pipeline.