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Opinion
Matt Levine

Pop-Up Investment Banks Are the Latest Trend

Paul Taubman, formerly the head of mergers and acquisitions at Morgan Stanley, is now the head of mergers and acquisitions in his kitchen.

James Stewart's New York Times article this weekend about Paul Taubman contains multitudes, but not multitudes of bankers. There's just one! It's Paul Taubman, formerly the head of mergers and acquisitions at Morgan Stanley and now the head of mergers and acquisitions in his kitchen. But his kitchen keeps busy; he's number 11 in the global M&A league table for the past year, with credits for Verizon's $130 billion acquisition of Vodafone's Verizon Wireless stake and Comcast's bid for Time Warner Cable.

And he's apparently part of a micro-trend of micro-advisers that also includes the Zaoui brothers and all those guys named Simon. Stewart: