The investment banking startup said it would appoint two more women as directors in the coming weeks, which will leave its board with 40 per cent female representation.
Barrenjoey looks to lift women on board after O Dwyer appointment watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.
Barrenjoey bolsters fixed income team
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Upstart investment bank Barrenjoey Capital Partners has made another slew of hires to strengthen its fixed income team as former UBS Australia boss Mathew Grounds prepares to join the outfit he had a hand in shaping.
The
Australian Financial Review understands that Yeeshu Kumar has been lured from Hong Kong – where he is a director at HSBC covering cash and derivative products – to join the new bank. Prior to HSBC, he worked at UBS for almost eight years.
Yeeshu Kumar has been hired by Barrenjoey Capital to join the fixed income team.
It is also expected that Lee Johns and UBS veterans Sam Kirtley and Samuel Cochrane will join the fixed income team under Duncan Haig, another former UBS trader and now Barrenjoey founding partner who has been busy assembling the new team for the “mini-Macquarie”-style investment bank.
UBS Vows to Pay Up to Rebuild Australia Team After Raid
This content was published on March 15, 2021 - 21:47
March 15, 2021 - 21:47
(Bloomberg) UBS Group AG has vowed to pay up for top talent to rebuild its team in Australia following a poaching spree from upstart rivals in the country where the Swiss bank has dominated deals in recent decades.
The Australian business, consistently one of the best performers for the bank globally, has been under pressure in recent months as former executives heading up new rivals lure staff with big payouts.
Still, Anthony Sweetman, co-chief executive officer of Australasia, says UBS remains an attractive employer. The bank has made more than 10 new senior hires in recent months.
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SYDNEY, March 15 (Reuters) - Around 10 UBS Australia staff, including top banking analyst Jonathan Mott and top mining analyst Glyn Lawcock, have resigned from their multi-decade long positions at the Swiss investment bank, two sources with knowledge of the matter said.
Both Mott and Lawcock, have been hired by Barrenjoey Capital Partners, a startup partly owned by Barclays Plc and Magellan Financial Group, according to the Australia Financial Review, which first reported the moves.
Mott, who has worked as a banking analyst for UBS since 2002 according to his LinkedIn website, did not return Reuters messages seeking comment. Lawcock, a UBS veteran of about 20 years and one of only three mining companies analysts rated 5 out of 5 stars on Refinitiv Eikon, declined to comment.