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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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James Forese is leaving his position as CEO of Citigroup’s institutional clients group. He will be replaced by Paco Ybarra, his deputy. The CEO of Asia Pacific is also leaving.
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Cross-border bank M&A in Europe is not completely dormant. Mediobanca has bought two-thirds of Messier Maris & Associés and will also partner with the French corporate finance house.
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Nomura has put at risk a number of senior bankers in its Americas investment banking operation and refurbished its management team as part of a $1bn plan to cut costs. Senior names in M&A, leveraged finance, Latin America and risk solutions are leaving.
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An equity-linked banker at Berenberg is leaving to join Jefferies as head of its continental European structured equity solutions business, GlobalCapital understands.
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Maja Torun will become co-head of French investment banking at Citigroup, according to an internal memo.
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Macquarie Capital is hiring a UK co-head, as well as a head of leveraged finance for Europe, the Middle East and Africa.