Explosive demand for junior M&A staff
Junior M&A staff are in massive demand ahead of an expected boom in mergers and acquisitions.
A new survey suggests almost every bank is looking to hire junior M&A employees in the next few months.
The inaugural M&A Monitor by Financial News and IntraLinks, a provider of secure online workspaces to the financial services industry, found 96% of banks plan to hire junior employees for their M&A departments.
Nearly 25% were also planning to make senior level hires. German groups were hiring most aggressively.
Junior M&A staff are used to execute M&A deals, including assembling the financial and legal documents needed for deals' completion. Newly qualified ACA accountants are a popular target for recruiters looking to fill these vacancies in banks.
