Boutique investment bank Rothschild appears to be joining others such as Moelis and Greenhill in tapping investment banking talent that’s coming lose amid the financial crisis.
Rothschild, a more than two centuries old family-owned business, is planning to hire financial institutions and other investment bankers in the United States, a source briefed on the matter said.
A Rothschild official wasn’t available for comment.
In October, the bank snapped up some FIG bankers in Europe, including from Lehman. Antonio Villalon, a Lehman vice chairman, was named as the co-head of its global financial institutions group.
The interest in the financial institutions sector is, of course, due to expectations of even more activity as things begin to look better in the economy.
Moelis, which has already hired some 15 managing directors this year, is also looking for FIG bankers. Deutsche Bank and Greenhill have also already hired a bunch.