The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

The new breed

What are the defining traits that good investment bankers share? Energy, creativity, entrepreneurship, willingness and ability to take risk, the strength of intelligence to form independent views of the world and the courage to back them: all traits that tend to be driven out of people when they become institutionalized within large organizations under cynical leaders. Everyone toiling at the coalface in a large bank should take lessons from the stories that follow of those who have quit to set up on their own. There's never been a better time to do it.

Boutiques revive a reviled industry

Consensus-shy Violy starts afresh

Schadenfreude greeted the demise earlier this year of Violy Byorum & Partners. Founder Violy McCausland's uncompromising style had irked those inside and outside the firm. Now she's trying again, this time on her own.

The new advisers reinventing investment banks

Start-up corporate finance and risk management advisers have a simple message: Trust us, we're independent. Risk Capital Management Partners boss David Shimko says he tells his clients exactly how the big banks profit from their own advice. Hill Street Capital combines M&A advice with speedy lending decisions. Integrated Finance asks to get paid only what the clients think its advice is worth. New Smith Capital has attracted some big hitters from Merrill Lynch to help build its advisory business. City Capital Corporation may be small, but it can be more nimble. And Oriel Securities is learning how to woo new clients.

The new fund managers

Senior staff at Bedlam Asset Management are not paying themselves until they hit their own performance targets. OneWorld Securities saw the 1998 Russian default as the best time to set up a hedge fund.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree