I was wondering whether anyone has or has heard of anyone that has moved from consulting into investment banking and if so to what type of roles. Is it feasible to move from consulting to become a trader for example and if so how difficult is it. The skills required are slightly different.

that's something I've considered - have been at Accenture for 3 and a bit years now working in banking / cap markets projects...would like to get into investement banking but not sure how or in what capacity??

I have an interesting situation as well. I have been doing some operations and strategy consulting for 2 years post b-school, and an boutique IB/M&A firm has been 'interested' in attaining my services. The culmination were interviews, and not a flat-out denial, but opted for someone with IB/M&A skills. Understood, they are still keeping in-touch with me, as they feel at some point I could be a candidate. It helps that the CFO was former MC as well. Its been very up in the air, and I am not ready to leave management consulting, so it has worked out fine. My point in all of this, is to find an 'in', and it seems the boutiques have more interest in bright people that may not 'fit the profile', where the big banks prefer experience, fresh undergrads, or top 5 MBAs to grind-up. I see it as working the same hours, sans the travel...plus the money gets better faster. my 2 cents.