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Former investment banker has been CFO of Verbund
Bankers join on two continents as bank seeks to grow in public sector bonds
Joanna Chan is taking on the role of head of strategic capital
Magnetar and Chorus Capital lose experienced pros
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Investec has hired two analysts to join its industrials equity research team in London.
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Andrea Diamanti is set to become deputy CEO of UniCredit Bank Russia. Fabio Fornaroli will now lead UniCredit’s Central and Eastern Europe investment bank.
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JP Morgan has appointed Alex Watkins as head of equity capital markets for the UK, replacing Nicholas Hall. Meanwhile, the bank has picked a new head of its consumer and retail sector coverage team for UK investment banking.
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A senior loan syndications banker in HSBC’s Hong Kong team has left the bank.
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Alvaro Estevez has joined JP Morgan from Bank of America, in order to lead a team that works with large multi-national companies.
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UBS is reorganising its investment bank, trying to save $90m a year, it revealed on Tuesday, alongside a dismal set of third quarter results for underwriting and advisory.