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Jp Morgan And Goldman Are On Collision Course For Billion-dollar Deals

by cnbc.com posted 2months ago 13 views
First, the J. P. Morgan Chase banker got a call from a recruiter in June 2017 asking if he would consider joining the rival. Then Goldman went after his entire team of nine bankers. Now, he's running into Goldman on a daily basis as the two banks compete to provide companies advice on mergers and other deals. While high-stakes competition between the two titans isn't new, the battleground is: Richert, 46, is located in Atlanta and focuses on companies that generate $500 million to $5 billion in revenue, regional businesses that Goldman had mostly ignored.

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