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HSBC has hired Société Générale's Hubert Preschez as co-head of global banking in France, to start in September.
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JP Morgan has made cuts to its European equity research division, with two of its lead analysts leaving the bank.
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James Garvey, head of markets at Lloyds Bank, is retiring. His replacement has been named and will take up the reins over the summer.
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Deutsche Bank said on Wednesday that it had launched a new artificial intelligence tool called alpha-DIG, to comb unstructured, text-based information and help investors incorporate more non-financial factors into their analysis. The tool will use legitimate financial news rather than social media sources, as well as looking at corporate reporting.
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Jefferies has hired a veteran M&A banker from Deutsche Bank to join its power and infrastructure utilities team.
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The Singapore equity capital market was hit by some unpleasant news this week when a pair of IPOs were shelved in quick succession. The move drew mixed responses from bankers, with one saying it highlights the city’s dwindling appeal as a listings hub, and others promising a busy year ahead for equity raising. John Loh reports.