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Replacement found for Mark Sorrell, who moved to global co-head of M&A last year

Investment Banking Editor

Goldman Sachs has promoted long-serving dealmaker Andre Kelleners to head of mergers and acquisitions for Europe, the Middle East and Africa, in the latest reshuffle at the US bank.

Kelleners takes on one of Goldman's most significant dealmaking jobs in the region, with the US bank sitting behind rival JPMorgan in the Emea M&A revenue league tables so far this year, having made $344m in the first half of 2021, according to data provider Dealogic.

Goldman Sachs names Kelleners as European M&A head

Paul Clarke

Goldman Sachs

JPMorgan

Private markets and competition for IPOs mean no respite for AIM’s woes

Trump is obsessed with crypto. But the UK can still lead the way on tokenisation

Why has HSBC failed? Former bankers blame the stifling culture and bureaucracy

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

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Find out who is on the move in the City and beyond this week

Clifford Chance hires KKR director in London private equity drive

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

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Financial News

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

Bain Capital Ends Pursuit of Fuji Soft

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Tencent Shares Rise as App Launches DeepSeek Testing