From breaking into an elite cabal of Saudi Arabian advisers, to being called to work on what could be one of the largest-ever mining takeovers, Michael Klein is making his mark as one of the world’s top dealmakers.
The former star Citigroup investment banker is advising Barrick Gold on its hostile $17.8-billion offer for Newmont Mining in a deal that would create world’s largest gold producer. The only other bank working with Barrick on the transaction is an arm of Canadian Imperial Bank of Commerce, meaning Klein won’t have to share his fees with other large US or European investment banks.