bloodsuckersmegaways| Spanish financial institution Alantra's investment banking business declines significantly, leading to layoffs in Germany
Gelonghui April 22| According to people familiar with the matter, Spain's Alantra Partners SA has restructured its investment banking business amid a lack of corporate M & A transactions, and has laid off about half of its German unit-to less than 20 people by the end of 2023. This reflects the company's relocation of its investment banking headquarters from Frankfurt, Germany, to London, Englandbloodsuckersmegaways"Starting in 2023, Alantra has pushed for a strategic reorganization of its investment banking business, transforming from a purely country-driven model to a model where multiple centers and global regions coexist."
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