Industry insights Flashcards
1
Q
What’s happening to larger firms in the IB market?
A
IBs are competing with larger firms on average - 80% of viewers responded they’re competing for deals with larger firms. Alex Boyce also confirmed that IBs are increasingly going head-to-head with Advisory houses in the crowded market.
2
Q
What’s happened to FTEs at banks over the past 2-3 years?
A
Banks are looking to tech to maximise value for FTEs - with 46% of viewers claiming their teams have got slimmer in the last 2-3 years, the pressure is on to maximise the output within these smaller-headcount units.