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Simon Robey, a former Morgan Stanley deal maker, is teaming up with Rolls-Royce Holdings Chairman Simon Robertson to provide corporate finance advice.

Bloomberg reports that Robey, Morgan Stanley’s former co-chairman of global mergers and acquisitions and head of its U.K. operation, will join Robertson’s company, which will be renamed Robertson Robey Associates LLP, the firm said in an e-mailed statement Wednesday.

Robey, 52, joins deal makers including Michael Zaoui and Yoel Zaoui, former M&A bankers at Morgan Stanley and Goldman Sachs Group Inc. (GS) respectively, in setting up their own firms or joining smaller advisory boutiques amid a dearth of takeovers. Robertson, 71, has been in investment banking for more than 45 years for companies including Goldman Sachs.

In the meantime, The New York Times reports that one of President Obama’s favorite bankers is teaming up with one of the president’s go-to economists.

Robert Wolf, a top Wall Street rainmaker who left UBS last summer, has hired Austan D. Goolsbee as a 'strategic partner' for his new firm, 32 Advisors, the two men have told friends in recent weeks, according to people briefed on the matter.

Former Morgan Stanley Banker Robey Joins Simon Robertson’s Firm

Robert Wolf Said to Hire Goolsbee as Adviser for His Firm

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