Morale is starting to slide in investment banking teams and inside corporate law firms, and top dogs are starting to think about getting staff back into the office.
In the meantime, deals have ground to a near halt, with only a few situations and equity raisings requiring urgent attention. Virgin Australia is a saving grace and keeping plenty of people across the market busy, including us.
Austalian asset manager AMP Capital has landed a one-two punch in the corrections sector, snapping up a British investor's stake via two of its infrastructure funds.