It comes after the stockbroker lost of string of talent recently as it digested the acquisition of EL&C Baillieu last year.
Stockbroker Ord Minnett’s Sydney office was rattled by a series of departures last week, Street Talk understands.Sources said a chunk of Ord’s equity capital markets and corporate finance operatives stationed in Sydney lobbed their resignations during the week. It comes after the Karl Morris-led broker lost a string of talent as it digested the acquisition of ELMichael Johnston, a managing director formerly of Morgans, is on leave and expected to depart, sources said.
Since Morris took the reins, most of Ord’s big seats have changed, including head of equities, head of research and head of corporate financeRob Thomson, Ord’s head of corporate finance, left to start his own boutique advisory Bamburra Partners late last year. Investment banking director Alex White left in July to join Bunnings’ M
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