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Street Talk

MST Financial signs veteran banking analyst Brian Johnson

Long-serving banking analyst Brian Johnson has resurfaced six months after he left US investment bank Jefferies, Street Talk can reveal.

Jefferies banking analyst Brian Johnson. Jessica Hromas

The respected equity analyst is getting his feet under the desk at stockbroker MST Financial and will get back to covering Australia’s banking behemoths.

“In a world where equity markets are as challenging as ever, and commission wallets have shrunk, fund managers demand the very best investment insights and can only pay for the very best analysts,” MST chief executive Gerard Satur told staff on Tuesday.

“Brian has been an authority in the financials sector for a long time, has unparalleled industry insight and a track record of successful bold calls.”

Jefferies poached Johnson from rival investment bank CLSA in 2019 during a raid on the business. The analyst is well known for his probing questions and outspoken criticism of underperforming banks, which Satur noted will be welcomed at MST.

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His decades-long career also includes stints at JPMorgan and Macquarie Bank.

Sarah 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. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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