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Senior hires brought in to serve North American investors
Bifurcation is emerging in how investors treat the hyperscalers
US-Iran war clouds worldwide outlook
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Chuka Umunna has been appointed by JP Morgan to a newly created post of head of ESG for Europe, the Middle East and Africa.
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BPCE is planning to buy the stake in Natixis it does not already own, and is also examining splitting it up, placing its corporate and investment banking activities and asset and wealth management branch into a new structure.
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Deloitte has hired another former investment banker to work with financial firms, in the form of Guy Stevens.
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US insurer Kuvare Holdings has hired Jason Powers, former co-head of the US CLO business at Wells Fargo Securities, to run its credit investments team. Powers is the second CLO expert to join Kuvare in as many weeks, following the recent hire of Jason Merrill.
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Banks that mostly missed out on last year's trading and origination windfall would find it difficult to make up for lost time by leaning into investment banking; that ship has probably already sailed.
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Barclays CLO and loan strategist Geoffrey Horton will move to the New York office after spent two years at Barclays based in London, according to a CLO source.
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