Copying and distributing are prohibited without permission of the publisher
Editorial: Job market merry-go-round keeps spinning
10 March 2010
The number of people who have left institutions - particularly the US investment banks - is staggering.
Read more:
[Editorial]
[job market]
[people moves]
[Steven Udvar-Hazy]
[International Lease Finance Corporation]
The past year has been extraordinary for those working in airfinance. The number of people who have left institutions – particularly the US investment banks – is staggering.
First came a wave of redundancies. Then the banks shut down entire airfinance units, keeping one or two bankers to wind down their existing portfolios. Finally, with all the uncertainties about lending capacity for banks and access to debt for lessors, people have left – in one case there was a mass exodus – for other opportunities.
From December 2008 to June 2009 it seemed like things would only get worse. Having suffered redundancies, some former investment bankers set up boutique advisory firms;...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
