Niall Cameron, global head of syndicate, joins the management committee of the bank's global financial markets group.
* Goldman Sachs' Thomas Schwingeler is to move to Dresdner Kleinwort Wasserstein in late summer as a managing director in the German firm's Frankfurt investment banking business.
* Simon Orchard is to transfer from BNP Paribas' London office to become head of loan syndication in southeast Asia, based in Singapore. He will report to Clarence T'ao, head of loans syndication and trading for Asia.
While in London, Orchard headed acquisition finance and media and telecoms loan syndications. He joined in 1997 from Dai-Ichi Kangyo Bank.
* Deutsche Bank has hired Andrew Welty from JP Morgan as a senior high yield telecoms analyst. He reports to Helen Rodriguez, head of European high yield telecoms research.
Deutsche recently added four junior high yield analysts: Philip Grose, Patrick Kersting, Nicola Brown and Lee Hope.