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The Financial Conduct Authority on Monday said it had settled with former Deutsche Bank interest rate derivatives trader Guillaume Adolph, for manipulating Libor submissions, and fined him £180,000.
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Bank of America Merrill Lynch has promoted Craig Coben, its global head of equity capital markets, to vice-chairman of global capital markets. The role takes him out of day-to-day business management and allows him to focus purely on clients.
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Credit Suisse’s top man in loan syndications for Asia is leaving the bank to pursue new opportunities, according to sources close to the move.
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Weber Lo, country officer and chief executive of Hong Kong and Macau at Citi, has resigned from the bank effective May 1, according to an internal memo and confirmed by a bank spokesperson.
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Brian Gu, one of JP Morgan’s most senior investment bankers in Asia, has left the bank to join Chinese electric car startup XPENG Motors.
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Mayer Brown has brought on Jim Antonopoulos as a partner in the Chicago office, as the firm continues to expand its global banking and finance practice.