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How to go about the delicate business of dealing with bad behaviour from the boss
After hiring stacks of bankers in north America with rich pay packages, Citigroup has switched its attention to Europe. So far, Citi’s chequebook is still wide open
New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
BNPP is rebuilding strength in advisory in France
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Citigroup has hired Robin Osmond, a former senior ECM banker at Morgan Stanley, JP Morgan and HSBC, to help run its business in Central and Eastern Europe, the Middle East and Africa.
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Jean-Pierre Mustier, the Société Générale veteran who was appointed earlier this year as the new head of UniCredit’s investment bank, has wasted no time in making his mark.
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Bank of America has a simple target — to be global. Its acquisition of Merrill Lynch has given it a base from which to grab growth opportunities outside its home market. And in his latest investment banking reshuffle, Tom Montag will hope he has found the structure that can make this happen. David Rothnie reports.
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UBS has selected a new head of global capital markets, following Matthew Koder’s departure in early March to Bank of America Merrill Lynch.
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Michel Péretié, chief executive of Société Générale’s corporate and investment bank, doesn’t do dramatic gestures. The gamble of a risky acquisition or a life-or-death directional bet are not for him: caution is the watchword.
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BNP Paribas is a clear winner from the crisis and has a credible strategy in investment banking, but it faces a struggle to attract the best talent from rival firms, writes David Rothnie.