(Bloomberg) -- The biggest winners from the global
buyout boom are hiring distressed-debt bankers in Europe at the
fastest pace in five years.
Goldman Sachs Group Inc., the world's most profitable
securities firm, hired Andrew Wilkinson, the lawyer who advised
creditors in the bankruptcies of Eurotunnel Plc and Parmalat
Finanziaria SpA, to help lead its restructuring business in
London. Morgan Stanley, the third most-active merger adviser
this year behind Citigroup Inc. and Goldman, added seven bankers
in the past year, boosting its group to 61. Blackstone Group LP,
poised to become the world's largest publicly traded buyout
firm, is starting a corporate restructuring group in Europe.
Read more at Bloomberg Bonds News
buyout boom are hiring distressed-debt bankers in Europe at the
fastest pace in five years.
Goldman Sachs Group Inc., the world's most profitable
securities firm, hired Andrew Wilkinson, the lawyer who advised
creditors in the bankruptcies of Eurotunnel Plc and Parmalat
Finanziaria SpA, to help lead its restructuring business in
London. Morgan Stanley, the third most-active merger adviser
this year behind Citigroup Inc. and Goldman, added seven bankers
in the past year, boosting its group to 61. Blackstone Group LP,
poised to become the world's largest publicly traded buyout
firm, is starting a corporate restructuring group in Europe.
Read more at Bloomberg Bonds News
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