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When staff complain, they deserve a fair hearing, not a wall of silence
FIG
Waterfall of promotions follows Karia's move to insurance post
Originator hired to go after bank bond issues in euros and dollars
Long-standing FIG DCM banker leaves after more than two decades
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  • Steven van Rijswijk has been appointed the new chief executive of ING, after Ralph Hamers decided to join UBS. Van Rijswijk has worked his way up at ING, having worked in a number of roles in the investment bank.
  • FIG
    European Central Bank funding proved irresistible for lenders across the eurozone this week, with participation in the latest round of Targeted Longer-Term Refinancing Operations (TLTRO III) reaching a record €1.31tr. The astonishing take-up will cement expectations for fewer deals and more buy-backs in the FIG market, as well as the return of the government bond carry trade, write Tyler Davies and Bill Thornhill.
  • Deutsche gives Toomey position as head of new group — Gimpel leaves Citi, has fintech idea — Moelis hires Whelchel for private capital team
  • SSA
    ‘Angrynomics’, a well-timed book on anger and how it relates to politics, economics and finance by Eric Lonergan and Mark Blyth, is published this week. GlobalCapital spoke to Lonergan to discuss its meaning.
  • The success of Rich Ricci’s banking comeback depends on getting a revered old broking brand back on its feet.
  • Stephan Gimpel is leaving Citi to pursue an opportunity in fintech, after 14 years in the US bank’s debt capital markets business.