Wall Street Is Poaching Bankers in a Red-Hot Job Market
1. Wall Street's job market is thriving due to increased dealmaking and IPOs. 2. M&A and equity-capital-market deal volumes surged 40% this summer year-over-year. 3. JPMorgan hired over 100 managing directors, marking a record expansion. 4. The IPO market is experiencing significant activity, with banks ramping up hiring. 5. Federal Reserve's lower interest rates are boosting the appeal of dealmaking.