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HSBC is moving Stephen Smith to a new high yield syndicate job. Smith will start on Monday, reporting to Adam Bothamley, head of EMEA debt syndicate.
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Deutsche Bank has picked a replacement for former Asian syndicate head Herman van den Wall Bake, who has become head of fixed income capital markets in the region. Jake Gearhart is moving from New York to take over the desk.
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ING Bank has appointed veteran banker Mark Newman as chief executive of commercial banking in Asia, replacing Vaughn Richtor, who has been named CEO of ING Bank Australia.
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Citi has hired Willard McLane, a veteran coverage banker from Morgan Stanley, to take over its financial institutions team in Asia Pacific and to run corporate and investment banking in the Asean region.
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The new head of Nomura’s wholesale business told investors on Thursday that the bank would be more selective in its approach in future. But he said that it would not embark on a big change of strategy, and remained committed to its expansion in Asia in particular, writes Matthew Thomas.
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Nomura has hired a former coverage banker from UBS to join its corporate solutions and financing group in Hong Kong, the latest new position added to the team in Asia ex-Japan.