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Frédéric Despagne will also lead equity and derivatives sales across EMEA
Zafar Khan and Andrew Tusa join as UK country head and vice-chair of UK advisory and financing solutions, respectively
VanZandt moves from Morgan Stanley, Schultz promoted
Treasury expert will start internal transition before taking charge after summer
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Axel Weber, chairman of UBS, warned ahead of the European Central Bank (ECB) meeting on Thursday that “unknown unknowns” lie in wait for markets once the course of unwinding quantitative easing begins.
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K Balasubramanian is returning to Citi as the new head of corporate banking for India, succeeding Rahul Shukla who will turn his focus to senior client coverage.
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Trump’s first Democrat pick for commissioner at the Commodity Futures Trading Commission (CFTC), Rostin Behnam, was sworn in on Wednesday. He joins Brian Quintenz, who participated in the ceremony three weeks ago.
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Stanley Fischer has resigned as second in command at the US Federal Reserve, leaving four of the seven seats on the Fed governors' board vacant.
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Insurance company asset manager Conning has hired a new managing director in its structured product team, as well as promoting a new managing director in corporate credit research.
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Oleg Melentyev has joined Bank of America Merrill Lynch as head of leveraged finance strategy in New York, after four years in the same position at Deutsche Bank.