When Bankers Play Mu­si­cal Chairs

The Economic Times - - Companies -

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.

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