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VanZandt moves from Morgan Stanley, Schultz promoted
Treasury expert will start internal transition before taking charge after summer
High profile hires from Société Générale and Standard Chartered
Markus Meier and Thore Zimmermann promoted
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Bank of America Merrill Lynch has made sweeping changes to its European equity capital markets franchise and has hired Credit Suisse’s Jerome Renard for a new position of head of EU ECM.
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ABN Amro said on Wednesday that it would cut staff and risk-weighted assets from its corporate and investment banking business, aiming to push return on equity at the unit from 5.8% in the first half of this year to above the bank’s 10% target.
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ABN cuts 250 in CIB, strips RWAs — Barclays hires Galligan from Goldman — NRW.Bank names new funding head
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NRW.Bank has promoted Besnik Berisha to be its new head of funding, with a focus on long term debt.
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Barclays has hired Dean Galligan from Goldman Sachs as head of cross asset structuring solutions.
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UBS has nabbed a banker from BNP Paribas for its emerging markets DCM team.