Tuesday's Headlines: Exodus of Bankers Has BofA Looking to Hire in Europe
Bank of America wants to hire 30 managing directors in Europe in order to replace defectors. [Bloomberg Businessweek]
JPMorgan bankers saw their total compensation slip 2 percent last year.
Despite headwinds, Chicago's recovery appears headed in the right direction.
The hiring of senior private equity professionals by U.S. law firms is occurring in pairs. [The Lawyer]
Chinese investment bank CCB International is will open a New York office to focus on equities and debt offerings to U.S. investors. [WSJ]