Friday 18 April 2014

New firm taps into Germany

THREE real estate-investment bankers at Credit Suisse Group, UBS and Citigroup are leaving to start their own company to tap rising demand for property transactions in Germany.

Citigroup's Sebastian Fuchs, Credit Suisse's Christian Schlueter and UBS's Stefan Bartschat will help run the firm, said the people, who asked not to be identified because the talks are private.

The Frankfurt-based company, due to begin in January, will advise investors on mergers and acquisitions, strategy and equity raising, and will include Bernd Janssen, who will be head of research and a founding partner.

Sunday Independent

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