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The Great Disruption comes for investment banking

Global investment bank UBS will be hard to topple from its leading positions in equity capital markets and M&A in Australia. But Barrenjoey is doing all the right things to achieve that goal.

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Australian investment banking’s Great Disruption has a long way to go, judging from Barrenjoey Capital chief executive Brian Benari’s plan to hire up to 40 more people this year.

Barrenjoey’s effort to build a full services investment bank from scratch saw the start-up lift employee numbers from 50 when it opened in September to more than 200 today.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/chanticleer/investment-banking-s-great-disruption-20210315-p57ast