Investment Banking

Panmure Gordon’s natural resources head Prior quits to launch own venture

Reports of a potential merger hang over the City broker as staff begin shuffling

Panmure Gordon, headed up by the colourful Rich Ricci, has lost a senior dealmaker
Panmure Gordon, headed up by the colourful Rich Ricci, has lost a senior dealmaker Photo: Getty Images

The head of natural resources investment banking at City broker Panmure Gordon is leaving the firm amid reports that it is in talks to merge with a rival.

John Prior, who joined Panmure Gordon from Numis in 2020, has quit the bank to launch his own venture, according to people with knowledge of the move. He may take others from the City broker for the new boutique, they added.

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