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Markus Meier and Thore Zimmermann promoted
Senior hires brought in to serve North American investors
Bank is in top 10 PE fee earners globally, but not in EMEA
Peter Luck has over 25 years of experience at Bank of America and UBS
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A senior director in the capital markets funding team at a German agency has left to join UniCredit’s FIG team in Munich, GlobalCapital understands.
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Credit Suisse has appointed David Krap as head of Northern European M&A.
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Colm Kelleher, president of Morgan Stanley, is retiring after three decades at the US bank. A clutch of senior staff will now report to CEO and chair James Gorman directly.
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Tim Sloan, CEO and president of Wells Fargo, has announced his retirement, after several years of regulatory and legal pressure on the bank as a result of mis-selling revelations. Sloan was a Wells veteran; the US bank will now not choose one its own staff as his permanent replacement.
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JPM securitization banker leaves — Goldman Brexiter quits for politics — Balax enrols in fintech course
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David Malpass, Donald Trump’s nominee to take the helm at the World Bank, has cleared two hurdles in the way of the job after holding a “positive” meeting with bank staff representatives and passing his interview with shareholder countries.