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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
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HSBC’s chief executive was dislodged by the force of the challenges facing the bank. Now, its global markets division is under pressure as senior management continues with reform, writes David Rothnie.
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Not even one in 50 firms are prepared for the date later this year when the UK’s Senior Managers and Certification Regime (SM&CR) will apply to them, according to ACA Compliance Group. This means they have not yet faced up to rules reshaping hiring and governance practices.
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Some senior loan bankers believe there is an increasing shift in hiring practices towards junior staff, as the syndicated lending market faces mounting pressure on lenders to cut costs.
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More changes for Deutsche — HSBC equities veteran joins HK property developer — Loans banker Fung joins StanChart— Chung to leave Maybank
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Romain Lanier has joined Perella Weinberg Partners from fellow advisory firm PJT Partners to be a managing director in the European financial restructuring team.
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UniCredit has picked an internal candidate to be its global head of natural resources, choosing Eriks Atvars, currently global head of structured trade and export finance (STEF).