The investment bankers at Investec Bank believe that cross-border proficiency will become increasingly indispensable to merger and acquisition (M&A) advice. The bank’s acquisition of a majority stake in European M&A boutique Capitalmind should extend its capabilities in that department.
Investec, which is listed in both London and Johannesburg, provides investment banking, private banking and wealth management services. Its investment banking arm offers the full bulge-bracket range of services to mid-market corporate clients who, it says, would otherwise have to get them from multiple sources.