Two Schulte Roth & Zabel partners, including the co-chairman of its M&A and securities practice, have left to join Milbank in New York, another sign that competition for top corporate talent is ratcheting up this year.

Richard Presutti, a Schulte executive committee member and also an M&A leader at the firm, has joined Milbank’s corporate group. Schulte partner Antonio Diaz-Albertini has joined its capital markets group.