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He will report to Barry Donlon, head of global debt capital markets
Hires bolster M&A, ECM, and leveraged and acquisition finance teams
Internal and external moves revamp French bank's IB team
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UBS is revamping its investment bank to put the unit on a more global footing and boost collaboration across divisions, in a move that finally draws a line under the Andrea Orcel era.
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The arrival of star Credit Suisse banker Iqbal Khan gives UBS’s chief executive Sergio Ermotti the chance to achieve his ambition of reaching a decade at the helm of the bank while securing a smooth transition, writes David Rothnie. Meanwhile, UBS’s restructuring, announced on Thursday, marks a focus on intragroup collaboration.
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Moelis hires JPM Dutch chief, JPM finds replacement — Nachmann replaces retiring Chavez at Goldman — PRI founding exec moves from UBS to Credit Suisse
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Credit Suisse has recruited a banker from Deutsche Bank to join its equity capital markets solutions origination team in Paris.
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Peter Kerckhoffs will join Moelis & Company in December to advise clients in the Netherlands and across Europe. JP Morgan has replaced him as senior country officer for that country with Cassander Verwey.
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Danske Bank has appointed Stephan Engels as chief financial officer, leaving the same post vacant at Commerzbank. The move comes as the Danish lender has been dealing with the fallout from a money laundering scandal, while its German counterpart has warned of difficult business conditions.