The Deal
Monday, November 23, 
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Entries tagged "investment bank hires"

Krawcheck in at BofA, McGee out and more

Former Citigroup CFO and global head of wealth management Sallie Krawcheck joined Bank of America to run global wealth and investment management.


Crittenden departs in big Citigroup restructure

Gary Crittenden, chairman of Citi Holdings, decided to leave to join middle market private equity firm Huntsman Gay Global Capital.


Lazard hires Merrill's Woody Young

Former Merrill banker George H. 'Woody' Young III becomes head of global telecom at Lazard as the firm loses co-head of global TMT, Laurence Grafstein, to Rothschild.


Citi hires M&A chief in Von Moltke

Citigroup, looking to exit businesses, hired Morgan Stanley's James von Moltke as head of corporate M&A.


Bear, Lehman & Merrill bankers still moving

A hiring spree by Jefferies highlights that since last year thousands of bankers have moved on from Bear Stearns, Lehman Brothers and Merrill Lynch as they fell into bankruptcy or were acquired.


Moelis hires Close Bros. Euro restructuring chief

Boutique firm Moelis & Co. expands its restructuring group's London office with the addition of two directors from Close Brothers.


Moelis hiring spree endures two years later

There was no doubt famed rainmaker Ken Moelis would recruit fellow bankers after starting his own firm, but he probably didn't expect a global financial crisis to help things along.



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Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.



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