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Magnetar and Chorus Capital lose experienced pros
New hire spent spent more than a decade at Arnold & Porter
Banker joins NatWest in Paris after a decade away
Departure follows Safa’s resignation last week
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  • UBS has appointed Martin Yule as head of research for Asia Pacific, effective on March 1.
  • Twelve of the largest global investment banks reduced their headcounts in equities by 10% last year, leading to one of the “steepest declines in years” in the number of investment bank employees, according to analytics firm CRISIL Coalition.
  • HSBC’s corporate finance staff have survived its restructuring largely unscathed, but the more ambitious among them will see the bank’s plans as a missed opportunity, writes David Rothnie. And with no answer yet on the identity of the next full-time CEO, the uncertainty is not over.
  • Natixis finds new investment banking boss — UniCredit replaces Steffens with Pabarcius in UK — Lloyds puts Paterson at risk
  • UBS has made several senior staff in Spain redundant, including Madrid-based DCM managing director Daniel Vazquez Villanueva, GlobalCapital understands. The cuts came as part of a general redundancy round last year, but revenues from the region have been hurt by a hard stop in business from Santander after it decided not to hire former UBS investment banking boss Andrea Orcel as chief executive.
  • BTIG Ltd, the US broker dealer, is expanding its EMEA equities sales and trading business in London, with four senior hires.