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The US bank is reshuffling several roles in the Middle East
Former investment banker has been CFO of Verbund
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ING’s Boekhout to head Commerz corporate biz — ICBC loan syndication head resigns — Ex-Barclays’ Wright joins S&P
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Commerzbank has decided to replace its retiring corporate clients head with Roland Boekhout, who works for ING — a bank that had been rumoured to be interested in buying the German firm.
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Deutsche Bank’s staff were dealt a crushing blow this week when it announced a full exit from the equities business and 18,000 job cuts globally. In Asia, the move has led to the equities capital markets unit all but disappearing. Jonathan Breen reports.
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Citi hires from PE fund — Former CS banker comes on board HSBC — Rabobank appoints Asia capital markets head — India touts 35% free float for shares
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UBS has created a new global team focused on private capital markets, giving it more exposure to a rapidly growing area of finance, as companies go public later in their life cycles and the amount of institutional and private money dedicated to private equity has grown and become more sophisticated.
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Fiona Gallagher has left her position as global head of security services and chief country officer for Ireland at Deutsche Bank and will become CEO for Wells Fargo Bank International Unlimited Company (WFBI).