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CEO’s departure comes ahead of business’s full integration into German bank
Reorganisation changes reporting lines
With a top quality management team now able to focus on growth, Wells Fargo could shake up the pecking order in investment banking
Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive
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◆ MUFG's Del Canto and SG's Menzies on what comes next for capital markets ◆ The juniorisation of syndicate desks ◆ Two deals pulled despite fantastic markets -
Senior bankers being replaced with juniors
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Michael Klein’s attempted spin-off of Credit Suisse’s investment bank was complex and conflicted, but it could have reshaped the landscape in a way the UBS takeover does not
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◆ Rival bankers said it was ‘bad luck’ and did not reflect broader market sentiment ◆ News that US authorities opposed RBI purchase in Austrian construction company Strabag emerged during pricing
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One banker in London has gained a clear edge in internal rivalries as Goldman fights to get back to the top of the European M&A rankings
