Goldman Sachs has appointed Dominique Jooris and Jonny Fine as co-heads of a combined financial institutions group (FIG) debt capital markets/hybrid capital team within its financing group. This development marks a shift in gear for the US investment bank which has not been a serious player in the European FIG hybrid sector for approximately five years, that being when the last M&A wave hit the financial sector.
Back then Goldman was on the lead of almost all the European jumbo hybrid financings, many of which were linked to this M&A activity. In addition to advising on M&A, the investment bankers also won the mandates for the associated financings. At that point Goldman had...
