Bankers say all aboard for great Asia SPAC merger lift-off reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Transaction sizes are smaller, but the number of deals in Asia has picked up significantly compared with the start of 2020, according to Deutsche Bank’s Mayooran Elalingam.
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SYDNEY, Feb 11 (Reuters) - Deutsche Bank said on Thursday it had hired Martin Nosek, Nomura Holdings Inc’s financial institutions advisory head in Australia, in his second innings with the German lender.
Nosek, who had worked at Deutsche Bank from 2005 to 2019 in London and Australia, will be responsible for “driving the coverage of Financial Institutions in Australia”, the bank said in a statement.
Representatives for Nomura, where according to Deutsche Nosek co-led the FIG group in Asia Pacific, did not immediately respond to a Reuters request for comment.
In 2018, Deutsche Bank closed its equities business and trimmed its advisory division in Australia, as it tried to become less reliant on its investment bank in an effort to stabilise its business. [reut.rs/2MLWM5T]