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Banks welcome UK’s relaxed prospectus rules as IPO pipeline swells
Originator hired to go after bank bond issues in euros and dollars
With Sergio Ermotti set to step down as group CEO, chairman Colm Kelleher favours an orderly, internal succession. But in a critical year for the bank, there could be turbulence ahead
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Goldman’s new CEO David Solomon has a lot in his in-tray, not least a resurgent Morgan Stanley that has firmly hit its stride, writes David Rothnie.
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Goldman Sachs announced on Tuesday that chief executive and chairman Lloyd Blankfein will retire, and David Solomon will replace him in both roles.
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Morgan Stanley has promoted two of its most senior investment bankers as it continues to rotate its senior talent, part of its succession plan under chief executive James Gorman.
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RBC Capital Markets is rightly proud of a transformative mandate on Melrose's GKN acquisition, but its ambition shows no sign of waning as it shrugs off senior departures, writes David Rothnie.
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Crédit Agricole said on Wednesday that it has reorganised the senior management of its corporate and investment bank, and hired Jacques Ripoll, former head of global banking and markets at Santander, as its new CIB chief executive.
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Graham Tufts has left his position as vice chairman of leveraged and acquisition finance at HSBC and is understood to be joining Royal Bank of Canada in a senior role.