Commentary

Top bank focus on mid-market clients turns up heat on smaller M&A rivals

If corporate deals pick up again, Wall Street looks set to freeze out the boutiques

There is a shift going on that looks set to reshape the investment banking market in Europe and increase pressure on specialist advisers
There is a shift going on that looks set to reshape the investment banking market in Europe and increase pressure on specialist advisers Photo Illustration: Tony Shi Photography/Getty Images/FN Staff

David Wighton is a columnist at Financial News

It is easy to dismiss the push by top investment banks to pick up smaller advisory clients as the same old cycle going around again.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink