Jefferies Poaches BofA, Citi Rainmakers in European M&A Push [BNN Bloomberg (Canada)]
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Source: BNN Bloomberg
Berendes is set to join Jefferies as continental European head of mergers and acquisitions, the people said, declining to be identified because the information is private. He has been with Bank of America since 2014 and was most recently co-head for M&A for EMEA, his LinkedIn profile shows. He also led corporate defense and activist engagement across the region. The 49-year-old banker has helped the American lender expand its dealmaking in the German speaking region in the past couple of years, advising on deals including Schaeffler AG's takeover of Vitesco Technologies Group AG, EQT AB's sale of Schülke & Mayr AG, as well as Bain Capital's aborted attempt to take SoftwareOne Holding AG private. Borch is joining Jefferies as EMEA and Asia head of transportation and logistics investment banking and will be based in London, the people said. Borch has been with Citi for almost 19 years, and was most recently co-head of global transportation, splitting his time between London and Hon
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