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Bank Strategy

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Lake leaves bank, Rohrbaugh moved to get retail experience
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
Italian investment bank has retained its focus since its takeover by Banca Monte dei Paschi. Now with two suitors for MPS, it is set for more upheaval
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  • Barclays had hired an equity capital markets banker from Goldman Sachs to expand its corporate broking team.
  • SRI
    Natixis has launched a report on how issuers and investors can use the UN’s sustainable development goals, discussing topics such as the importance of location and how firms record their contribution.
  • Ebbing support, and an already shifting management team paved the way for Christian Meissner’s departure, but he leaves an investment banking unit that is in good shape, writes David Rothnie.
  • Andrea Orcel, former chief executive of UBS Investment Bank, has been named Santander’s group CEO from early 2019. It’s the ultimate client-side move for Europe’s top FIG banker.
  • The authors of the controversial mutiny memo at HSBC have understandable frustrations, but their tactics leave something to be desired. The bank’s new chief executive will have to take their concerns seriously and act to restore confidence, but cannot manage HSBC on the basis of anonymous comments about its senior executives. If corporate finance at the bank does need fixing, this will have to wait.
  • UBS has hired an ex-Deutsche Bank banker to structure securitizations, with a particular focus on NPL portfolios — a big change for an investment bank that closed its securitization operations in 2012.