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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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A banker at LBBW has left its SSA origination and syndicate team to join its FIG debt syndicate, GlobalCapital understands. -
Rabobank has appointed Ian Baggott from the Loan Market Association to lead its Asia capital markets team, effective in August.
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Deutsche Bank’s CIB boss and president Garth Ritchie is leaving the bank by mutual agreement, passing responsibility for the investment bank to overall group chief Christian Sewing. The confirmation ends weeks of speculation about Ritchie’s exit, as the German bank mulls increasingly aggressive cuts to the CIB unit he ran.
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Chris Jones, head of local currency syndicate at HSBC, has been put at risk of redundancy by the bank.
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A public sector debt capital markets banker is returning to NatWest Markets, where she worked between 2010 and 2017, GlobalCapital understands.
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Société Générale’s revamp of its investment bank, first announced in April, will refocus the bank’s financing efforts around sponsor-driven business, as corporate clients are not steering enough fees towards the bank to pay for its balance sheet commitments.
