Societe Generale has lost one of its integral executives and Head of M&A, Jan Caspar Hoffmann, who reportedly has parted ways with the French banking group for US Investment bank, Moelis.
Mr. Hoffmann has been an anchor at Societe Generale since 2010, when he joined the group as Head of Mergers & Acquisitions Germany. During his tenure the bank notched robust gains in this division and helped outshine an otherwise deflated European market.
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U.S. investment bank Moelis has hired Jan Caspar Hoffmann to lead its Mergers & Acquisition advisory team in Germany, two people familiar with the matter told Reuters on Tuesday.
In his new role at Moelis, Mr. Hoffmann will remain in Germany, focusing on developing the bank’s overseas market in the country. He will also be running Moelis’ Mergers & Acquisition advisory team there.