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Ex-Moelis and Barclays bankers team up for new firm

Palio Financial will advise financial institution clients on strategic initiatives such as non-core disposals

The new firm takes its name from the Palio di Siena horse race held in Italy
The new firm takes its name from the Palio di Siena horse race held in Italy Photo: Getty Images

A former JP Morgan banker has left his senior role at advisory house Moelis to launch his own firm advising financial institutions, teaming up with an ex-Barclays banker who already has experience of running his own business.

Peter Meijer has established Palio Financial alongside former Barclays banker Geoff Smailes. The firm launched in early November. Meijer and Smailes will advise banks and other financial services firms on work including selling non-core portfolios and other strategic initiatives.

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