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The most successful investment banks must strive for excellence in managing people
The US bank is reshuffling several roles in the Middle East
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TP ICAP replaced its chief executive John Phizackerley with its boss of global broking, Nicolas Breteau, on Tuesday, sending the shares spiralling downwards, as the interdealer broker revealed that rising costs were impacting the business.
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JP Morgan has created the new role of head of EMEA infrastructure M&A for Carsten Woehrn, a senior banker in the global M&A group who focused on utilities, power, renewables and infrastructure.
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Goldman Sachs has poached Bank of America Merrill Lynch banker Darius Naraghi, a managing director with the firm’s equity capital markets team.
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David Escoffier, former deputy head of global markets at Société Générale and former chief executive at Newedge, is joining impact investing firm Eighteen East Capital as its fourth partner.
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Crédit Agricole CIB said on Monday that it had hired Paul Lynn as head of financial institutions sales UK.
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The former global head of commodity futures sales at Goldman Sachs, Joe Raia, has joined privately owned futures brokerage R.J. O'Brien and Associates (RJO).