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JP Morgan has appointed Alex Watkins as head of equity capital markets for the UK, replacing Nicholas Hall. Meanwhile, the bank has picked a new head of its consumer and retail sector coverage team for UK investment banking.
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UBS is reorganising its investment bank, trying to save $90m a year, it revealed on Tuesday, alongside a dismal set of third quarter results for underwriting and advisory.
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Celia Murray has been appointed as head of M&A and corporate finance for the UK at JP Morgan.
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Matthieu Pigasse, one of France’s most famous bankers, is leaving Lazard for a new project.
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The Shanghai Stock Exchange (SSE) published the eligibility criteria for Hong Kong-listed dual-class shares to be included in the southbound Stock Connect scheme.
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JP Morgan’s Jamie Dimon and Morgan Stanley’s James Gorman have hit out at the burdens of being public, including the risk of litigation, excess bureaucracy, and public scrutiny of specialised compensation packages