Moelis Actively Recruiting Minority Candidates, Co-President Says

The transcript discusses the impact of the financial crisis on headcount and growth strategies, highlighting the firm's decision to continue hiring. It addresses systemic racism and the need for diversity in the financial sector, emphasizing efforts to recruit minority candidates. The discussion shifts to the economic outlook, focusing on restructuring and the role of the Fed in stabilizing markets. Finally, it examines the risks associated with excessive leverage in corporate America and the investment industry, suggesting a potential shift in investor expectations.

What is the significance of hiring world-class talent in the context of firm growth?

What challenges does the financial sector face regarding hiring practices?

What steps are being taken to address systemic racism in the financial industry?

In what ways can companies improve their culture to support underrepresented employees?

How do the current economic conditions affect the restructuring landscape on Wall Street?

What are the potential long-term effects of the COVID crisis on corporate capital structures?

How has the COVID crisis highlighted risks for companies with excessive leverage?