Nomura loses fourth star to Bank of America Merrill Lynch

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Share Show Comments ▼ KCS-content whatsapp More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org BANK of America Merrill Lynch has poached Peter Bell, a star investment banker, from Nomura. Bell (right) will join Merrill in the spring – after a spell of gardening leave – where he will team up with former Nomura Co head of global investment banking Christian Meissner, as well as former banking colleagues Adrian Mee and Antonin Baladi, who both recently bailed out of Nomura.Bell’s departure will fuel City fears that Nomura, which took on many of Lehman’s UK employees when the bank crashed, is finding it difficult to recruit and maintain a powerful investment banking team. As well as the exodus to BoA Merrill Lynch, the Japanese bank also recently lost its financial services managing director Matt Cannon, who departed for Morgan Stanley.When Nomura took on the Lehman teams, they did so with golden handcuff arrangements which have been expiring.However, in a bid to boost its reputation in the M&A market, last month Nomura hired the seasoned rainmaker Piero Novelli as its new head of global mergers and acquisitions.Novelli has previously held positions as head of European M&A and head of global M&A at Merrill Lynch and UBS respectively. Last night a source close to Nomura said the bank had replaced those that had gone with people better suited for the job. “We’ve got an attrition rate that is low by industry standards,” the source said.Merrill’s latest recruit Bell has acted on a number of high profile deals recently. He advised Doughty Hanson on the acquisition of Vue Cinemas and advised KKR on its acquisition of Pets at Home. He has advised a host of other clients, including WH Smith and Net-a-Porter. center_img Tuesday 1 February 2011 9:12 pm Nomura loses fourth star to Bank of America Merrill Lynch Tags: NULL whatsapplast_img read more

Read More →