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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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RBC Capital Markets has created a new leadership position at the top of its global public sector markets business, promoting a senior banker in Toronto to fill the role.
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Citi's head of EMEA banking, capital markets and advisory, Phil Drury, is relocating to San Francisco to take charge of a new franchise covering technology and communications.
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Credit Suisse has rejigged the leadership team of its investment banking and capital markets (IBCM) coverage businesses in Indonesia and Malaysia.
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Goldman Sachs has poached Srijith Nair from Barclays to lead its southeast Asia financial institutional group business.
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Scotiabank has hired a new head of syndication in New York, GlobalCapital understands.
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In this round-up, the Chinese economy rebounds at a fast pace from a year ago when the Covid-19 pandemic hit, regulators vow to manage hidden debt risks at local governments, and two existing shareholders agree to pump $250m into Luckin Coffee.