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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

Fri, Jun 17, 2016 - 5:50 AM

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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