Aug 2, 2026 – 6.00pmStockbroking and wealth management firm Ord Minnett’s corporate finance division is ready for a reset, after losing 40 per cent of its talent bench to rivals over the past year.Ord Minnett chief executive Karl Morris AFRSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Ord Minnett parts ways with head of corporate finance after staff exodus
Referring to the slated overhaul of corporate finance, Morris told staff “sometimes it is necessary to go backwards before we can go forward.”
TL;DRAI
Ord Minnett corporate finance loses 40% of staff to rivals; department head departs. Attrition in advisory banking signals intensifying talent competition and structural risk for mid-tier firms in market consolidation environments.
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