Southpaw: Life after Prudential - equity bankers fear the chop after disastrous first half

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Southpaw: Life after Prudential - equity bankers fear the chop after disastrous first half

After a tough second quarter, banks’ 2010 budgets are on a knife-edge and they are pinning their hopes on IPO issuance and M&A deals by financial sponsors. The alternative is swingeing job cuts. David Rothnie reports.

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