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NEW YORK, June 22 (Reuters) - When a senior Goldman Sachs technology banker delivered a grim prediction to his colleagues earlier this year, it marked the beginning of downturn that would result in some bankers leaving. ...
When a senior Goldman Sachs technology banker delivered a grim prediction to his colleagues earlier this year, it marked the beginning of downturn that would result in some bankers leaving. Mergers and acquisitions among technology companies could be down as much as 80% in 2023, Sam Britton, one of the leaders of Goldman's global technology, media and telecommunications group, wrote in an internal memo in February, as an economic slowdown and a hostile anti-trust environment weighed on dealmaking appetite. Britton tried to boost morale, arguing that market conditions could change quickl...
(Corrects spelling of name to Robert Pruzan in paragraph 10) May 13 (Reuters) - Three senior tech bankers at Bank of America have left the bank to join boutique advisory firm Centerview Partners, according to people familiar with the matter. Jack McDonald has joined Centerview as a partner, after spending over two decades at Bank of America where he was recently co-head of global investment banking. Two other senior tech bankers, Steve Miller and Gary Kirkham, have also joined Centerview. McDonald has been an advisor on a number of high-profile tech deals including Intel’s $9-billion sale o...