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Two senior bankers to leave, new roles for Tayler and Roose
DLT expertise will be needed as markets are modernised
Managing director is joining Citi's SSA and covered bond trading team
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Citic CLSA Securities is expanding its capital markets footprint down under, hiring Michael Vercoe as its first head of ECM for Australia and New Zealand.
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Two senior bankers at Credit Suisse in Hong Kong have left, according to sources close to the matter.
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HSBC has elevated 14 Asia-based staff from its global banking and markets (GBM) division to managing director, part of a global round of promotions, according to an internal memo seen by GlobalCapital Asia.
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David Cotney, former commissioner of banks for the Massachusetts Division of Banks, has been tapped by Cross River Bank to join its board of directors.
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Deutsche Bank achieved a headline cut in its bonus pool of nearly 80% for 2016 to €500m. But this is dwarfed by the €1.1bn the bank is paying in ‘retention awards’, which it insists are not part of 2016 compensation, but a way to keep essential employees at the bank.
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Two senior executives at Morgan Stanley in Asia Pacific have recently resigned from the US bank, according to sources close to the matter.