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VanZandt moves from Morgan Stanley, Schultz promoted
Treasury expert will start internal transition before taking charge after summer
High profile hires from Société Générale and Standard Chartered
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The proposed European Distribution of Debt Instruments (EDDI) project as a one-stop synchronised front to back office platform for the eurozone bond markets is unlikely to come to fruition, with the focus now centred on a far different proposition, according to senior members of a market forum spearheading the talks.
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Barclays has reshuffled management of its corporate and investment bank, making Paul Compton global head of banking and CS Venkatakrishnan global head of markets.
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Bank of America has promoted Jeff Tannenbaum, its head of debt capital markets and leveraged finance EMEA, to head of global capital markets for the region.
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Domestic bank consolidation has returned to the top of the agenda, but for financial institutions bankers, unlocking the most lucrative relationships requires years of coverage and an ability to look beyond the quick fix of M&A, writes David Rothnie.
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Fitch Ratings has named North America head Rui Pereira as the global group head of structured finance and covered bonds as part of a global reshuffling.
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TP ICAP is pushing for a slice of buy-side business as it revealed on Tuesday night that it is in advanced discussions to buy Liquidnet, the trading platform provider.
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