That’s perhaps the simplest and best explanation of investment banking we’ve heard in the past decade.
Now he lives in Hong Kong and oversees Bank of America’s investment banking operations across Asia Pacific, including in Australia. He reports to Matthew Koder, an Australian and another former UBS banker, who is Bank of America’s top investment banker globally.Guenthardt says he comes to Australia often. He gets involved in pitches, reels off all the sector bankers’ names and tracks the local investment banking game pretty closely.
He says Japan and Australia are the two bright spots for activity in his patch. He notes Australia’s widening definition of infrastructure – it’s now nearly anything with stable cash flows – as a unique feature of this market. “There’s almost no asset in Australia that’s not considered infra,” he jokes.
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