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Veteran City broker lured to join Oriel

CORPORATE broking veteran Peter Meinertzhagen has been lured out of semi-retirement to join Oriel Securities, the broker run by his ex-colleague Simon Bragg, as an adviser.<br /><br />Meinertzhagen is best known in the City for advising some of Britain&rsquo;s biggest companies during his 17-year tenure at the helm of Hoare Govett, now ABN Amro Hoare Govett and owned by Royal Bank of Scotland. He previously worked on the spin-off of Vodafone and the merger&nbsp; to create pharma giant GlaxoSmithKline, as well as having been behind the break-up of building materials firm Hanson.<br /><br />He officially retired from Hoare Govett in 2007, but returned to the City in May as one of a string of high-profile advisers to niche investment boutique Hanson Westhouse, which is coming to Aim via a reverse takeover of Jersey-based Chinese investment trust SovGEM.<br /><br />At Hoare Govett, Meinertzhagen worked for a decade with Oriel chief executive Simon Bragg, before the latter left in 2002 to set up Oriel with HSBC&rsquo;s Adrian McMillan and former Blue Oar boss Andrew Monk.<br /><br />The firm is jointly owned by its 80-plus staff and offers corporate finance, corporate broking, research and sales and trading services.