New cuts: ECM at Danske Bank in London

RIF bubble: Who's firing now?
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Only five people, somehow reframed as a “strategic milestone” in the banks ‘capital markets push’ as it closes ECM in London and focuses on Stockholm instead. Shrinking to grow. There may be more of this to come.

Bloomberg

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Amazing instance of corp-speak

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ECM as a profession will functionally cease to exist in London soon, at this rate

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