Retrenched Investment Bankers (Where do they go to?)
Hi everyone, I'm curious if anyone has any idea where do retrenched investment bankers in Singapore usually end up at? I've heard from news sources quite frequently that numerous have been retrenched due to the unfavourable market in South-East Asia.
I would imagine that investment bankers would typically be highly driven and smart, and thus would seek great alternatives around. I've also read recently in an article that an Investment Banking Director opened up his own website as he could not find any other IB jobs around. He also mentioned about the tough market conditions, and that he knows of others who also could not find jobs.
I'm wondering if anyone here has any stories to share?
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