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. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

When bankers turn consultant

Professional services

What do you do when you've clocked up 10, 15 or more years' experience at an investment bank and decide it's time for a change? Right now in Europe, it's increasingly popular for investment bankers to take off to a professional services firm.

These companies, intent on expanding corporate finance and transactions services teams, have been snapping up banking talent and are seeking more. “I've got a search mandate out to hire three more partners at the moment and, yes, we're looking for bankers,” says David Barker, global head of financial services M&A at Ernst & Young.

In the past month, the pace of hiring has increased. Deloitte hired HSBC's head of corporate finance consumer services, Jonathan Grassi, who had spent 15 years in investment banking, to become a director in the consumer business part of its corporate finance practice, and Dan Martin from Morgan Stanley to work in the technology, media and telecoms team.

Also last month, KPMG hired Stephen Dunn from the leveraged finance department of Sumitomo Mitsui Banking as manager in its debt advisory team to provide advice on structuring new debt issues, refinancing existing obligations, structured finance, securitizations and leasing products.

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.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

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

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, 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

LOGIN NOW

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