August 17, 2019
Finance

Rise of the boutique banks

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There was a time for bankers working in M&A where big was beautiful. But this all changed after the financial crisis, as the FT’s James Fontanella-Khan explains. Tougher regulations and more controls on pay packages prompted a wave of bankers to set up their own boutique firms, which today control over 30 per cent of M&A fees.

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