Barclays Capital has hired Reuben Daniels from Deutsche Bank and Gustavo Ferraro from Citigroup for its technology, media and telecoms (TMT) and debt capital markets practices.
A recent burst of TMT mergers and acquisitions activity in the US has given hope for a recovery across the sector. Recent multi-billion dollar deals include Oracle's hostile bid for Peoplesoft, and Yahoo's $1.6bn (€1.4bn) takeover of Overture.