"This reflects GIB's leadership and the market's confidence in its
investment banking capabilities.
Allan, who has over 13 years of relevant experience, was previously with Morgan Stanley (NYSE: MS), where he was a managing director in the Metals and Mining
Investment Banking Group.
The
investment banking industry has not historically maintained detailed time and expense records allocated to the specific phases of an engagement.
But Asia is also one of the world's most difficult
investment banking markets, where fees for many products have become razor-thin due to the fierce competition among international firms.
Adebayo "Bayo" Ogunlesi, 50, a 2002 BLACK ENTERPRISE Wall Street All-Star, was moved in August from his post as head of
investment banking and appointed the company's new chief client officer and executive vice chairman.
Debt is the least complex and most commodity-like part of
investment banking. Top-flight corporate customers have thus far been quite willing to trust commercial and universal banks with simple debt issuance but less so with the more sophisticated merger-and-acquisition and equity deals, for which such companies still choose to rely on the independent investment-banking specialists.
The
investment banking industry has suffered overall in the last year.
And this is what we are here today to discuss - the need to remove outdated separations between commercial and
investment banking and thereby take the next logical step in rationalizing our system for delivering financial services in a more efficient manner.
But Altman does not recall that Rattner raised the question of whether
investment banking was meaningful work except, he in this sense.
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investment bankingGlobal Banking News-March 12, 2019--Piper Jaffray strengthens financial services
investment banking