Mid-market-focused investment bank Investec is strengthening its team of financial institution-focused traders and has hired a former KPMG partner to lead the unit.
Tom Lewin has joined the bank as the head of its group of M&A financial institutions, he said in a statement. He comes from KPMG, where he was a partner in its financial services M&A team, and previously held positions at Barclays and Rothschild.
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Investec said it will bolster its team of bankers focused on financial institutions with two more hires in the coming months. Lewin said in a statement that the new team “represents a huge untapped resource” for the bank, with negotiators aiming to establish links with the bank’s FIG analysts, including its highly-rated banking researcher, Ian Gordon.
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Banks have hired senior FIG bankers in the city in recent months. Financial technology investment bank FT Partners hired Darren McKay, FIG co-head for Europe, Middle East and Africa, in August, Financial news reported.
Citigroup also appointed former Barclays negotiator Mike Lamb as president of global insurance to its FIG team in July, while six bankers from Credit Suisse’s FIG European team resigned for Jefferies in June and Goldman Sachs partner John Brennan has moved to Rothschild.
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