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Internal and external moves revamp French bank's IB team
Sidra Taj had been with the Emirati bank for 8 years
Banker had been at NatWest for three years
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Schroders has appointed new heads for Asia Pacific, tapping Chris Durack and Susan Soh to the top job. -
Kunal Gandhi, who left Barclays last year, has joined Fenchurch Advisory Partners.
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Standard Chartered is forming a new financing and securities services unit that will combine securities services, which currently operates within transaction banking, with portfolio risk management in the financial markets business.
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James 'Jim' Amine has left Credit Suisse, which has folded his private credit opportunities business into a different unit.
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Cuts made to senior staff in the debt markets are coming home to roost now that the effects of the Covid-19 pandemic are coming to bear on loans and private placements. Old hands that navigated the previous crises are in short supply as borrowers and investors look to implement deal amendments to cope with a coming recession.
