Where will all those bankers land?

The paring down of investment banking jobs at Citigroup and Goldman Sachs made headlines this week, and other banks are following suit. This begs the question: Where will all these bankers land? The stars likely will land at private equity funds. As for the others? TheDeal.com reports that some could be snapped up by internal investment banking teams at various companies. There is one view that companies want to do more of their own investment banking. Still, despite a few eye-catching hires, it does not appear that there are enough jobs to go around at client companies. Some might try to catch a financial job at a smaller company, and a few have even made the leap into the academic world. But we have to face facts: some will be at the end of their careers. They will survive--and may even thrive. Perhaps they are the lucky ones.  

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