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The retirement of Samir Assaf, HSBC’s long-serving head of global banking and markets (GBM), paves the way for a long overdue restructuring of that division. This will test the bank’s new-look management team. -
Samir Assaf is to step down as chief executive of HSBC’s global banking and markets (GBM) business in the New Year, as a prelude to a restructuring of the division.
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A FIG syndicate manager has left UBS in London as part of a much wider reorganisation. This has boosted syndicate staffing levels in Frankfurt, among a number of sweeping changes.
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Bank of Ireland has opened a Madrid office for its leveraged and acquisition finance business, to be headed by Beltran Paredes, the former head of Rothschild’s debt advisory business in Spain.
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Lazard has launched a venture and growth banking team within its UK investment banking operations, to focus on private equity and venture capital (VC).
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Chatham Financial, the derivatives and debt management advisory firm, has acquired one of its main rivals, JCRA, in a move that is set to create a dominant global player in the market.
