Summary
HBOS is to put its corporate broking mandate up for grabs early next year in what could prove to be another blow to blue-blooded investment bank, Cazenove, which currently shares the Edinburgh bank's broking duties with Dresdner Kleinwort Wasserstein. The pairwill be invited to pitch for the business, but they will be up against Citigroup, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs and Morgan Stanley.
Cazenove, broker to more than 40 FTSE-100 companies, last month signed a joint venture with US investment bank JPMorgan.See the full content of this document
Extract
Broking Mandate Up for Grabs
It w...
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