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Business is booming for Wall St turnaround bankers

Restructuring experts are badly needed at a time when many oil, coal and retail companies are in distress

Published Thu, Jun 16, 2016 · 09:50 PM

New York

THE job market is grim on Wall Street. Trading desks are shrinking, hiring is flat, even incentive pay is taking a hit. Except in one little corner of the financial world, where managers can't read resumes fast enough.

The turnaround expert is in hot demand.

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Companies & Markets

Business is booming for Wall St turnaround bankers

Banking & Finance

Nomura Q4 net profit jumps almost eight-fold on retail income surge

Japan frets over relentless yen slide as BOJ keeps ultra-low rates

Rescue pup to meme star: the real-life ‘Dogecoin’ dog

Zhang Ruijin slapped with 5 more charges days before guilty plea for earlier charges

Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years

Weak yen pressures Bank of Japan’s interest rate decision

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