Fishknife - Think before you ditch the old clunker

Banks with big ambitions in credit won’t fulfil them simply by hiring expensive talent

TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 14 years ago [2009-09-09 08:54:25]

Excellent point regarding the buildup of talent at Deutsche and the fact that it was supported at the highest levels. You are correct in identifying this as the unique fact that permitted it to become a credit powerhouse. It will not be easy to grow successfully without such support -- which will need to be continuous through good times and bad.