DC Advisory confirms planned closure of Paris office
21 January 2025: DC Advisory, an international investment bank, today confirms the planned closure of its Paris office. This is part of measures implemented by its shareholder Daiwa Securities Group Inc. to ensure sustained profitable growth for DC Advisory.
It is anticipated that the Paris office will close by Summer 2025 when a new coverage model will come into effect for France; serviced by the business’ existing nine offices throughout Europe, and its 350+ bankers. Meanwhile, the business will be focused on supporting existing clients and personnel through the transition.
Daiwa remains committed to delivering DC Advisory’s global growth, including across Europe, with a demonstrable track-record of continued investment in its high-quality teams in existing offices in London, Manchester, Amsterdam, Dublin, Frankfurt, Madrid, Milan, Warsaw, and Vienna. Testament to such investment is the 200+ deals closed by the business in the last twelve months as it continues to scale.
Richard Madden, Executive Chairman, Europe as spokesperson. For any questions, please contact pr@dcadvisory.com.
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