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Citi comes in second to JP Morgan for CEEMEA syndicated benchmark business
The US bank has won more market share in European IB than its rivals after overhauling its leadership and doubling down in the region’s biggest markets
The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses
The likely bonus calendar for the Street, expectations and why it all matters
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Marco Morelli may be the safe option, but UniCredit could look to the management team of its corporate and investment bank if it wants to address its urgent strategic challenges, writes David Rothnie. -
HSBC has appointed Andre Cronje as chief operating officer of global banking and markets, the bank's investment banking and trading division. Cronje had previously been COO of UBS Investment Bank.
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UniCredit is poised to appoint headhunters to lead the search for a new chief executive following the resignation of Federico Ghizzoni, with the board understood to be favouring an external candidate — and preferably an Italian national — to take the job.
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The Japanese bank has been ruthless in rooting out underperformance in its international operations but its withdrawal from ECM was overdue, writes David Rothnie
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JP Morgan has announced internal promotions in its rates trading business, following the retirement of Carl Norrey, who ran the firm’s SSA business, straddling origination and trading.
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UniCredit said late on Tuesday that its chief executive, Federico Ghizzoni, would step down.
