Baird restructuring i-banker moves to KPMG
William Welnhofer, Robert W. Baird & Co. Inc.'s former head of restructuring, has joined KPMG Corporate Finance LLC, SNL has learned.
Welnhofer told SNL that he joined KPMG in January and is a managing director based in Chicago with the restructuring team. Welnhofer said he moved to KPMG in part because the company is committed to the restructuring business.
He noted that many investment banks have de-emphasized their commitment to restructuring because the business has been slow in ...