Barrenjoey: Inside the country's most talked-about investment bank
Barrenjoey has enjoyed a jump in league tables, but this is off the back of lower fee-paying transactions that Wall Street banks typically shy away from.
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Barrenjoey has enjoyed a jump in league tables, but this is off the back of lower fee-paying transactions that Wall Street banks typically shy away from.
Barrenjoey has incurred millions in start-up costs, but new divisions should bring in revenue while corporate M&A remains slow.
The decorated researcher will bulk up the firm’s emerging companies coverage with a focus on industrial, retail and consumer names.
UBS has opened the door for mostly junior bankers from Credit Suisse following the historic, $4.7b takeover of its former rival on Monday.
Credit Suisse Australia has worked to rebuild its investment bank after overseas scandals hurt the firm’s standings, but they are surplus to requirements at UBS.