The Moelis investment banker who was filmed punching someone during a New York City Pride event this month has resigned from the Wall Street firm. Moelis confirmed the departure of the banker, Jonathan Kaye, in a statement on Monday. Kaye, who ran Moelis’ global business services franchise, was placed on leave two weeks ago after a short clip circulated on social media platform X showing him hitting a person in the face at a street corner.
The spokesperson said Kaye had received death threats following the incident and that he would “fully co-operate with authorities to resolve this matter and clear his name”. “Mr Kaye has lived peacefully in New York City for a quarter of a century with no history of physical altercation. His mistake was the presumption of non-violent discourse,” the spokesperson said. Kaye’s departure from Moelis caps a turbulent few weeks for him.
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