Synovus CIB Group

I know they brought over a few Regions bankers to establish the group. I would assume focus is really on corporate banking for small-to-mid sized corporates ($100mm to $2bn in revenues) with most of the work being related to syndicated finance. The business model here being to lean in with capital with intent of earning fees through other products (e.g. FX, Treasury Management, Trust Services) or to potentially make some capital markets fees in exchange for capital commitment to small-to-mid non-investment grade or sponsor-owned businesses. 

I would not expect their to be a lot of lead execution on debt financings or M&A advisory work given how new the platform is and the competition in the space. Tom Dierdorff is a solid guy, could be interesting opportunity to help build a platform. Anyone joining though should go in eyes-wide open that it's not going to be your traditional IB experience.