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After hiring stacks of bankers in north America with rich pay packages, Citigroup has switched its attention to Europe. So far, Citi’s chequebook is still wide open
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
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Deutsche Bank has reorganised its management structure, splitting the investment bank back into banking and markets businesses. Several figures associated with Anshu Jain’s tenure as chief executive have also stepped down, including Colin Fan, head of corporate banking and securities.
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Deutsche Bank took the criticisms of its ‘Strategy 2020’ plan — announced in April by then co-CEO Anshu Jain and followed shortly thereafter with his resignation — dead seriously, preparing investors for a shocking third quarter loss as it prepares to divulge new details on the plan.
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The French bank has been cutting bankers in its M&A business, marking a shift from growth to profits, writes David Rothnie.
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Standard Chartered has reorganised its capital markets operations, splitting its DCM and loan syndications units. Coinciding with the rejig is the departure of Aaron Russell-Davison as the head of debt capital markets, with more changes expected to take place.
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Bank of America Merrill Lynch has put several bankers' jobs at risk in EMEA global corporate and investment banking, including the bank's veteran head of loans.
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Aaron Russell-Davison has left his role as Standard Chartered’s head of debt capital markets, his move coinciding with the bank reorganising its capital markets operations, according to sources close to the situation.