Greenhill's new hires ready it for M&A - Barron's

Sun Apr 5, 2009 8:50pm BST
 
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NEW YORK, April 5 (Reuters) - Boutique investment bank Greenhill & Co Inc (GHL.N), which specializes in deal-advisory work, may benefit from a flock of bankers fleeing banks constrained by the U.S. government bailout restriction, Barron's said.

The firm's recent hirings of refugee bankers from large firms could position Greenhill when mergers and acquisition activity resumes, Barron's said.

Its shares have outperformed the brokerage-stock group by 30 percentage points the past months, Barron's said. (Reporting by Ilaina Jonas, editing by Martin Golan)

 

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