Entries tagged "financial sponsors"
Wall Street's financial sponsor groups may be contributing less to their firms' bottom lines than they did during the buyout boom, but they remain relatively immune from the layoffs and cutbacks that are plaguing other segments of investment banking. There have been some reshufflings, of course, and several senior financial sponsor bankers have departed to work for buyout firms. In April, for example, J.P. Morgan's global sponsor head, John Coyle, left for the New York office of British private equity firm Permira Advisers LLP, and in May, the co-head of UBS' sponsor group in Europe, John Sinik, joined TowerBrook Capital...
