Question: What is the fastest changing aspect of the investment banking industry?
Answer: Various professionals may have differing opinions on the response to this question, but no one can doubt that the publicity surrounding banker compensation has been an area of great public focus. Investment banking was previously quite unpublicized, but all of that seems to have changed in recent years. That does not mean that banker pay has noticeably altered, but due to events associated with the recent recession, including the fall of Lehman Brothers and the US federal government’s Troubled Asset Relief Program (TARP), the compensation earned by investment bankers has become known to the wider public and it is a target for scrutiny.
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