Some of DB's SPAC team getting poached
https://www.fnlondon.com/articles/jefferies-hires…
What's this mean for DB? I feel as if SPACs have been holding their IB up.
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Good news for JEF. Absolutely killing it recently.
Nothing? DB has been a SPAC player much longer than the majority of the competition and has a deep bench for talent, two guys getting poached speaks to the expertise of the bank, doesn’t spell doom for anyone. People move all the time. It’s part of the game. FIC S&T has been huge at DB too.
What deep bench? Their entire ECM team has left over the past year.
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