When Bankers Collide
MALCOLM MAIDEN: Matthew Grounds and Alastair Lucas, the corporate crashes and scandals that adopted the 1990s boom led to tough new rules of engagement for securities marketplaces players and companies. You head up the Australian investment bank advisory businesses of UBS and Goldman Sachs JBWere, respectively, big global investment bank combines that also trade, lend and spend money on the markets. From your vantage point, is the idea of a global, one-stop-investment banking shop as attractive now as it used to be before the regulatory changes?Are the shop firms that concentrate on merger and acquisition advice more practical? MATTHEW GROUNDS: Global…
