CLSA gets Crotty

Philip Crotty joins CLSA as head of investment banking.

Just a few weeks after leaving Deutsche Bank, Philip Crotty has found a new berth as head of investment banking at CLSA. He will report to CEO Rob Morrison and work closely with Tim Ferdinand and Richard Taylor.

According to Morrison, the addition of Crotty will see CLSA try to develop a more relationship-based approach to its investment banking activities. We are very good on the ECM side of the business but we want to build on that and improve the relationship side, he says. We have tended to be opportunistic and we are good at market timing and distribution. But now we want to build long term relationships.

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