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GlobalCapital has learned of a third emerging markers banker at risk of redundancy at MUFG, but the bank is adamant that the cuts are a coincidence and there has been no targeted scaling back of EM in this round of redundancies, which has taken place over the last week.
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MUFG has put a second emerging markers banker at risk of redundancy, with GlobalCapital already having reported that Alex Popov, a trader, is in the same boat.
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An executive director of index business management for derivatives at index provider MSCI has left the firm.
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Barclays has hired a former Morgan Stanley banker as director in its asset finance business.
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BMO Capital Markets has parted ways with one of its senior syndicate bankers.
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James Garvey, head of markets at Lloyds Bank, is retiring. His replacement has been named and will take up the reins over the summer.