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Macquarie has hired two bankers from Citi to start a shipping finance business.
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Since Yann Gérardin took over as boss of the investment bank at BNP Paribas, the bank has been all about combinations. Strip out the corporate speak, and the big changes are a merger of equities and fixed income in the markets division, and a merger of loans and bonds in primary markets. GlobalCapital caught up with Renaud-Franck Falce, who runs the combined corporate debt team, to find out how the new approach is working.
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Commerzbank has appointed former Royal Bank of Scotland banker David So to its Singapore-based debt origination team.
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Westpac has hired a former banker from Royal Bank of Scotland to bolster its Hong Kong-based debt capital markets business.
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Peter Szekely, head of debt capital markets for Hong Kong at Standard Chartered, has left the bank.
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SMBC Nikko Capital Markets has hired an ex-UBS banker to beef up its debt syndicate team.