Credit Crunch!

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A little less presentation, a little more action:
We’ve all heard about the power of the buy side, but for investment bank credit analysts the term is taking on a new meaning. In recent months, ever-growing numbers of sell-siders have switched over to the fund management industry.

Why? There are a number of reasons and, most worrying of all for investment banks, it’s not simply a question of veteran bankers opting for the ‘easy life’ on the buy side.

A lot of people are fed up. That

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