A very important misconception is that some think we are a venture-capital firm. |
The investment banking team will be first on the ground, fixed income and equities will be the next phase. We'll do some transfers and we'll hire some people locally. |
We did spot an opportunity in property at a time when the market was neglecting the sector. |
We will be in good shape when the school year begins. |
We're setting up investment banking now ... people will be on the ground this year. It's one of the big opportunities our senior management sees globally. |
You cannot do that through acquisitions alone. The real engine of growth is the core businesses themselves. |