Scotiabank hires New York-based investment banker from Credit Suisse

The high-flying capital markets activity during the pandemic that helped prop up banking earnings has slumped over the past year as volatile financial markets and high inflation stunted deals. Goldman Sachs Group Inc.’sprofit plummeted in the recent quarter on a drop in investment banking, but its chief executive officer signalled that the business has hit its lowest point and that he expects deal-making to ramp up in the year ahead.

Mr. Gohman has worked in investment banking for almost two decades and in leveraged finance at Credit Suisse for 17 years. During his time at the bank, he “was instrumental in establishing and building long-term, profitable relationships and leading highly effective teams,” Scotiabank global investment banking co-heads Jim Kelly and Dany Beauchemin said in the memo.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scotiabank analyst sees big second half ahead for copper mining stocksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

U.S. investor group clinches tax credit deal for $1.5-billion renewable power acquisitionThis is the first large-scale transaction of its kind to be publicly announced, Bank of America’s global head of sustainable finance Karen Fang said
Source: globeandmail - 🏆 5. / 92 Read more »