US investment bank Jefferies has made several new hires, taking its local equities and research headcount to 34, after it picked up Deutsche Bank’s consumer analyst and deputy research boss Michael Simotas.
Sources said the hires were sealed this morning and include Mr Simotas’ assistant Keegan Booysen.
Jefferies also lured associate analyst Amit Kanwatia from CLSA to work alongside Anthony Moulder in the transport and infrastructure sector.
The latest hires bring the total number employed by Jefferies in equities and research to 34, as it establishes a trading and research presence in Australia.
That includes 28 from CLSA, after it raided the firm’s ranks.
Jefferies lifted about 26 staff from CLSA in June, The Australian revealed, marking one of the biggest ever raids in Australian banking.
It comes amid a turbulent year in the domestic equities and research industry, after Deutsche employees were caught up in a global shutdown of those units of its business.
Former CLSA global chief executive Jonathan Slone, who resigned in March, has taken up a senior role for Jefferies in Asia
Jefferies’ local operations are led by Michael Stock, who had already set up an investment banking team.
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