But even slightly cynical as the profession demands us to be, no Banker journalist can fail to be bowled over by the current hive of activity in the industry.
Our cover story, written by investment banking and capital markets editor Geraldine Lambe, looks at the new investment banking model, pioneered by Goldman Sachs and copied by rivals, in which investment banking earnings are only 5% of the total and the drivers of the business are trading and principal investments.
