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Published November 24, 2009 at 6:00 AM
IBM Corp. (NYSE:IBM) has the in-house deal expertise to handle acquisitions without an investment banker, and over hundreds of deals it has chosen to go without an outside financial adviser. That could be changing, according to Elias Mendoza, vice president of corporate development and a former Morgan Stanley (NYSE:MS) banker. Mendoza says as IBM navigates in a fast-evolving competitive landscape and expands its presence in global markets, i-bankers can offer insight and connections that complement the capabilities of IBM's in-house deal team. See the video below or
download it at iTunes. - Suzanne Stevens
Steptoe & Johnson LLP hired Brigida Benitez as a partner in the international regulation and compliance and commercial litigation practices in Washington. For other updates launch today's Movers & shakers slideshow.
In this video, Bruce Aust, Nasdaq's EVP of the global corporate client group, explains its acquisition strategy, which has recently included several companies in the corporate solutions business. More video