Advisers line up for the biggest deal in town

first_img WHEN you’re trying to build up a franchise in mergers and acquisitions, there’s nothing better than being signed up to work on one of the biggest deals in town.So naturally Barclays Capital and RBC Capital Markets were as pleased as punch to be advising the London Stock Exchange on its £4.3bn merger with Canada’s TMX. (Note that the long-term corporate brokers JP Morgan Cazenove and Nomura are not working on the transaction).Barclays Capital has been quietly picking up corporate broking mandates and recently hired Richard Taylor from Bank of America Merrill Lynch to join a team that already includes former Morgan Stanleyite Mark Warham and Matthew Ponsonby.Last year BarCap advised on Resolution’s bid for Friends Provident where it worked on the transaction with RBC Capital Markets, which is fast gaining a reputation for being one of the most aggressive hiring banks in town, as well as one of the more innovative. Some view the Royal Bank of Canada-owned firm as the Manchester City of the financial markets, with rival firms often unable or unwilling to match the pay packages on offer to potential joiners.The experienced player on the deal though is Morgan Stanley and its involvement underlines a significant return to form for a bank which suffered in the immediate aftermath of the credit crunch and was only stabilised in 2008 after Mitsubishi bought a 21 per cent supportive shareholding. Morgan Stanley had an enormously successful 2010, advising on the BSkyB News Corp deal, Sanofi Genzyme deal and International Power GDF Suez deal, to name but a few. Its LSE team includes Simon Robey, one of the doyens of the UK investment banking scene, Chris Carter (who is originally from Toronto), Matthew Jarman and Dougal McDonald.CHAUCER’S TALEA niche advisory firm, Willis Capital Markets and Advisory Services, has been selected to advise the Lloyd’s insurance broking group Chaucer – valued at around £350m – in its response to bid approaches.Willis, which is working alongside financial adviser Kinmont, won the gig after giving Chaucer some specific unrelated advice ahead of the recent approach from Guy Hands’ Terra Firma. Lexicon drops out of the team. Former Bank of America Merrill Lynch man Tony Ursano leads Willis. [email protected] KCS-content Monday 14 February 2011 9:08 pm More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes Tags: NULL Show Comments ▼center_img Advisers line up for the biggest deal in town whatsapp Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndolast_img read more