Joe Bel Bruno
With all the talk about a global economic slowdown, the conventional investment banking wisdom is that corporate buyouts will be sharply curtailed. But the increase in the number of smaller deals, known in the financial world as the middle market, has grown significantly in the past few years. As organic growth stagnates, many companies turn to acquisitions as a good way to expand. This means that smaller deals will proliferate—and the middle market will be where the action is. Today, those looking to launch an investment banking career might want to broaden their search to include some of these numerous midsized banks, and the new Vault Career Guide to Middle Market Investment Banking will provide the inside scoop on how.