September 10 - WSJ - European banks and other financial institutions plan to hire more merger-and-acquisition staff, even though there has been a sharp jump in the percentage that think a bursting loan bubble poses the greatest threat to deals in the next year, according to a survey by IntraLinks M&A Monitor, in association with Financial News.
A poll of 348 banks, corporations, legal firms, and private-equity businesses conducted as the worst of the credit crisis was unfolding this summer found that 84% were seeking to hire staff, marking a sharp increase from 69% in April and 75% a year ago. The optimism was highest in Germany, where more than 90% of respondents said they expected to recruit additional personnel, the study found. Read More.
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