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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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Former colleague from UBS given mandate to hire dozens of bankers -
Canadian bank makes headway in UK currency bonds with AfDB sterling tap
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German bank climbs up public sector ladder after tough couple of years
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"We want to use this change of structure and these new leadership roles to foster this multi-product solutions mentality," Pete Mason tells GlobalCapital
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Moelis & Co supercharged its capital markets team last year just in time to take advantage of the booming market for special purpose acquisition companies (Spacs). But as the craze subsides, the team continues to expand, with the firm looking to generate repeat business from clients that appreciate its product-agnostic approach.
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After several quarters of strong performance among European investment banking businesses, there are signs that firms are satisfied with cost cutting measures and are prepared to resume investment instead.
