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People and MarketsCommentSouthpaw

Fears grow for dotcom-style meltdown amid a ‘cocktail of crises’

Stock crash_alamy_575px_July 7 2021

After a sharp slump in corporate finance revenues, investment banks are facing an uncertain second half of the year. If previous downturns are a guide, job cuts will be inevitable before a new market reality emerges to trigger the next wave of capital markets and M&A activity. By David Rothnie

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