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High profile hires from Société Générale and Standard Chartered
Markus Meier and Thore Zimmermann promoted
Reforms should focus on banks' access to liquidity, not capital
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BNP Paribas announced strong quarterly earnings last week, bolstered, like many banks, by activity in equities. But some analysts were more interested in the French firm’s acquisition of Deutsche Bank’s prime brokerage unit, in the wake of the Archegos Capital affair. -
Bank of America has hired a managing director from Goldman Sachs to help lead a new team in its UK investment banking division that aims to increase the bank’s coverage of private and emerging growth companies.
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Barclays announced pre-tax profits of £2.4bn on Friday, beating expectations thanks in part to its best ever quarter in equities, including derivatives and equity capital markets.
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Emmanuel Regniez has left his position as head of France investment banking and coverage at Citi to take up a co-head role at Bank of America, as the latter beefs up its presence in the country.
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Bank of America has hired a Hong Kong-based director in its technology, media and telecommunications (TMT) team, GlobalCapital has learnt.
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Christopher Wickli, a director in Citi’s ECM team has left the bank after almost 14 years.
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