A slew of departures from investment banking powerhouse UBS to rivals, including upstart players Barrenjoey Capital and Jarden Australia, is not a concern for its global M&A co-head, who said the bank's size and investment in staff still attracts the best people.
"We have been a centre of excellence for a long period of time," UBS co-head of global mergers and acquisitions Greg Peirce told The Australian Financial Review CFO Live event.
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Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column. Connect with Tim on Twitter. Email Tim at tim.boyd@afr.com
