I-banker holidays

Senior investment bankers have long cultivated an impression that they’re always on the move, and thus hard to get hold of. One of the biggest signs of the policy slowdown and general bearish sentiment, however, seems to be a change in that attitude. With no big M&As or significant IPOs anywhere on the horizon, one such banker was recently overheard saying that “busy” is the last word that could be associated with him, or his fraternity at this point. UPA-II’s policy holiday seems to mean that a lot of people are taking extended vacations.