Top City banker goes solo

London

A former city banker who has worked on some of world’s biggest mining takeovers has set up his own advisory firm.

The Daily Telegraph reports that Peter Bacchus, who defended FTSE-100 giant Rio Tinto against a $147bn hostile bid from an arch-rival almost a decade ago, is setting up Bacchus Capital Advisors with a raft of other senior financiers.

Since overseeing Rio’s successful defence against BHP’s audacious tilt in 2007, he has been co-head of European investment banking at Jefferies. He stepped back from Jefferies earlier in the year to set up his own firm, which will be established as a partnership.

To access the complete Daily Telegraph article hit the link below:

City banker sets out to dig for deals alone

UK has highest property taxes in developed world

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts