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Commerzbank reshuffles leadership in Germany amid loan build-up
Recruitments in sales and origination are separate but intended to build debt franchise
Two senior investment bankers have resigned from SMBC, one headed to BBVA
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A year and a half after Brexit, investment banks are still grappling with evolving requirements to run capital markets deals for EU clients from within the bloc, with consequences for the job market there and in London.
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Natixis had not expected Brexit to happen, but after the vote, it pushed ahead anyway with plans to relocate staff to London. After four years and one strategic review, the French bank is now in the midst of moving staff back to mainland Europe.
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MUFG has promoted a 30-year veteran banker to lead its China corporate banking franchise in the Mainland.
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The former head of US CLO syndication at Deutsche Bank, David Ryan, has been hired by Barclays as director on the CLO syndicate desk in the New York office.
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JP Morgan has reorganized its leveraged finance capital markets operations in EMEA, with Todd Rothman and David De Boltz having relocated from London to New York.
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Deutsche Bank has hired a new head of global emerging markets business in Pakistan.