Despite the clouds hanging over the banking and financial services industry, a leading global executive search and consulting firm has announced an international acquisition.

Following their deal to purchase Whitney Correlate in Hong Kong last year, New York headquartered Options Group has now agreed to acquire Sydney based Broadstreet Global.

Broadstreet Global specialises in search and consulting for investment banking, capital markets, structured products, alternative asset classes and insurance. The founder of Broadstreet Global, Adam Gillibrand, will join Options Group Australia as a Partner.

Banking Centre of Gravity Moves East

Gillibrand is no stranger to The Options group as he formerly held senior positions with the U.S. firm.

«Stuart Halfen, who oversees our Australia practice, was instrumental in this transaction. Stuart, Adam and their teams' areas of expertise are complementary. We look forward to their continued success with our Asia-Pacific teams in Singapore, Hong Kong Tokyo and Mumbai as well as with our significant global research platform,» said Bob Reed, co-founder and President of The Options Group.