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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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MUFG has hired Christina Nilsson as a senior relationship manager in its London office, as part of a drive to build out its distribution network.
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Intercontinental Exchange has named a replacement for the president of its ICE Clear US operation, Thomas Hammond, who will leave the post at the end of this year. -
Bank of America Merrill Lynch and Goldman Sachs are taking a knife to their Asian investment banking operations amid slower capital markets activity and as competition from Chinese lenders intensifies. This is just the latest in a series of culls in Asia as global banks struggle to find a suitable model. Shruti Chaturvedi reports.
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Siong Ooi, who until recently was head of the Asia Pacific syndicated and leveraged finance unit at Bank of America Merrill Lynch (BAML), is understood to be heading to Bank of Tokyo-Mitsubishi UFJ (BTMU) in December, according to multiple sources.
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Bank of America Merrill Lynch has hired former Credit Suisse fixed income sales banker Jose Hernandez-Ortiz as senior vice-president on its EM Lat Am solutions desk, GlobalCapital understands.
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A loans distribution banker has joined the syndicated finance team of DBS in Hong Kong.
