Big investment banks in Australia go on hiring spree after talent raid by boutique rivals

Big investment banks in Australia go on hiring spree after talent raid by boutique rivals

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Bulge-bracket investment banks in Australia have ramped up hiring to rebuild their depleted teams, after audacious talent raids by boutique rivals in the past year amid record deal-making activity in the country, bankers and headhunters told Reuters.

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