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Magnetar and Chorus Capital lose experienced pros
New hire spent spent more than a decade at Arnold & Porter
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JP Morgan’s latest high-level reshuffle has put a crack team of dealmakers at the top of the firm, and opened room for new leaders to come up. But keeping senior bankers happy can be difficult, writes David Rothnie.
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Andrew Milligan, head of global strategy at Aberdeen Standard Investments for the past 19 years, will be stepping down and leaving the firm at the end of March.
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HSBC is moving its securities services business into global markets to create a new unit. Allegra Berman and Richard Godfrey, co-heads of securities services, will gain new responsibilities as part of the change.
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Christian Moor, principal policy officer at the European Banking Authority, has switched roles after steering the regulatory body’s approach to securitization and covered bonds for nearly a decade.
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Apollo Global Management has hired Obinna Eke, the former head of US CLO syndicate at BNP Paribas.
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Two more bankers are leaving Daiwa Capital Markets Europe’s debt capital markets team, as the bank relocates staff to Frankfurt as part of plans to make sure it can continue to serve EU clients after Brexit.