The battle for top dealmaking talent is cooling off after frenzied levels of recruitment last year amid a record fee boom, according to the chief executive of independent investment bank Lazard.
Lazard has been hiring a flurry of senior bankers over the past 12 months as the bank invests in new sectors and business lines, and it has become a “little less challenging” to find talent, Ken Jacobs, the bank’s CEO, told Financial News.
