In any business there must be competition to win both the customers and the resources because this is the only way to assured profits. Recently, in the U.S there ensued a big battle between the giant investment banks and the private equity and the reason behind their battle was over resources that are bestowed in the young talents that have completed the studies. This was a sort of reaction from the new regulations and the tainted publicity so everyone was trying to preserve their appeal for the ambitious young graduates.The article also highlighted how the private-equity firms have managed to grow strong despite the competition. It is depicted that it is through the low interest rates and the big stock market that the private firms have grown big even expanding their businesses and acquiring more personnel. The private sector has managed to win the race for the young talents thanks to the early advertisements that they make. This is a cause for alarm for the banks because of the time bound in which they can advertise vacancies. In recent years the private firms have even ripped bigger profits than the banks and every time they do it they buy other companies. This competition is healthy to the customer since it is through such competitions that better products are availed to the customer and if this continues then the future looks brighter.