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  • Mark Hemsley, president of Cboe Europe, is retiring early next year to be replaced by David Howson, chief operating officer of Europe for the exchange holding company.
  • Goldman Sachs’ co-head of China investment banking Hansong Zhu is retiring after 19 years with the bank, according to an internal memo seen by GlobalCapital Asia.
  • UBS lets go of ECM bankers — Bank of America’s Coben to return after Twitter investigation — Macquarie closes cash equities business in Europe and US
  • A year on from the botched appointment of Andrea Orcel as CEO, Santander is pressing ahead with the next phase of its investment banking strategy, writes David Rothnie.
  • Newly appointed EMEA investment grade DCM head Mark Lewellen has outlined the management team for Deutsche Bank’s bond operations in the region, creating a new role running real estate origination, giving Achim Linsenmaier responsibility for the public sector business, and giving Federica Calvetti environmental, social and governance responsibilities.
  • HSBC has begun the process of finding a new global head of debt capital markets, as company veteran Jean-Marc Mercier changes jobs to become vice-chair of capital markets.