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UBS Barrenjoey raid: The Great Disruption comes for investment banking

Global investment bank UBS will be hard to topple from its leading positions in equity capital markets and M&A in Australia. But Barrenjoey is doing all the right things to achieve that goal.

Barrenjoey signs Credit Suisse s head of equities research sales

Barrenjoey signs Credit Suisse’s head of equities research sales Save Share New kid on the block Barrenjoey Capital has snared one of the country’s most experienced equities salespeople. From left, Barrenjoey Capital CEO Brian Benari, executive chairman Guy Fowler and COO John Cincotta.  Louie Douvis Street Talk understands Barrenjoey has hired Credit Suisse managing director and head of Australian equities research sales Mark Malouf, who is consistently ranked the top salesman in the market. Malouf will work alongside the bank’s head of cash equities – and ex-UBS senior trader – George Kanaan, who was the first to leave the Swiss bank in October’s talent raid.

Ord Minnett research boss off to Barrenjoey

Ord Minnett research boss off to Barrenjoey Save Share Stockbroker Ord Minnett s head of research Nick McGarrigle is off to new broker Barrenjoey Capital Partners. Ord Minnett s head of research has resigned.  Arsineh Houspian Sources told Street Talk that Ords notified staff of his departure on Tuesday afternoon. While the internal announcement did not say where McGarrigle was off to, sources told this column he was heading to the Barclays and Magellan-backed Barrenjoey. Mikhael joined Barrenjoey in October last year, when the start up broker raided UBS equities desk, also picking up senior trader George Kanaan, and equity sales operatives Stuart Brownrigg, Tim Aurel-Smith and James Ledgerwood, and Melbourne-based David Pender.

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