Bank of America Merrill Lynch has poached Nomura's Australian head of mergers and acquisitions Grant Chamberlain, a person familiar with the matter said Thursday.
The Wall Street Journal reports that Sydney-based Chamberlain will join BofA Merrill Lynch as its head of mergers and acquisitions after a period of gardening leave, the person said.
In the meantime, Reuters reports that Brian Sauvigne, who was responsible for Morgan Stanley's global corporate mergers and acquisitions strategy, has joined Macquarie Capital as an investment banker, advising private equity firms on deals.
Sauvigne, most recently head of corporate development at Morgan Stanley, was hired by Macquarie as a managing director in its financial sponsors group in New York, the Australian bank said in a statement on Wednesday.
And Bloomberg reports that Jeff Barany, Morgan Stanley’s co-head of a group that creates fixed-income securities for institutions and wealthy individuals, has left the bank and the business will be run by Davide Menini, his counterpart in London.
Barany, a managing director in New York, confirmed his departure yesterday in a telephone interview. He joined the bank in 1999, according to online records of the Financial Industry Regulatory Authority.
Colm McCarthy will lead treasury management and trade financing services for corporate customers in the region, the bank said on Wednesday. He will be based in Singapore, reporting to Sanjiv Sanghvi, head of Wells Fargo's global banking group.
BoA Merrill Lynch Hires Nomura’s Australia M&A Head (subscriber content)