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A senior and long serving emerging markets DCM banker at JP Morgan has quit the bank.
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Dyutish Chaudhuri has resigned from Credit Suisse’s equity capital markets syndicate team in Hong Kong, sources close to the matter said.
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Standard Chartered managing director and head of Africa DCM James Nelson is returning to London after two years in Dubai.
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South Africa’s Absa is looking to establish a corporate and investment banking unit in London, and is actively in the process of hiring DCM and syndicate bankers, according to sources.
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Investors are hedging and betting on oil prices as markets remain unsure about whether or not US President Donald Trump will pull out of the Iran nuclear deal.