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Chubb Group Negotiating Lease at 550 Madison Avenue
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FTAC Athena and Betsy Cohen Taking Pico Public + SPACs Stuck Below NAV
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Credit Suisse Brain Drain Hits Investment Bank in Top Deals Year
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Credit Suisse Exodus in Full Swing as More Senior Bankers Leave
This content was published on July 20, 2021 - 19:35
July 20, 2021 - 19:35
(Bloomberg) Credit Suisse Group AG is losing four additional senior bankers in the aftermath of scandals involving Archegos Capital Management and Greensill Capital, and has now suffered more than 30 defections.
Financial-institutions banker Max Mesny is leaving to be a partner at Perella Weinberg Partners. David Luwisch, a mergers and acquisitions banker, is moving to Morgan Stanley. Managing director Laurence Van Lancker departed to be chief financial officer at Italian gaming company Lottomatica SpA. And managing director William Young, who covered industrials, is joining Bank of America Corp. All the moves are according to people familiar with the matters, who asked to not be named discussing private business.
Perella Weinberg lists on Nasdaq market amid investment banking boom
Merger and acquisition deals worth more than $1.8 trillion have already been announced this year
New York-based investment bank Perella Weinberg Partners listed on the Nasdaq market after a merger with a special purpose acquisition company sponsored by finance entrepreneur Betsy Cohen. Bloomberg
Bloomberg
Jun 29, 2021
The rumours about a Perella Weinberg Partners initial public offering began as early as the year it was founded.
Now, 15 years later, the boutique investment bank went public in a way that few would have imagined. After investors approved a deal for the investment bank to merge with a special purpose acquisition company sponsored by finance entrepreneur Betsy Cohen, Perella Weinberg started trading on Friday.