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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Head of capital markets and advisory leaves
Hire comes from Ares
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Société Générale is looking at cutting around 1,600 jobs across the group, while also closing its over-the-counter (OTC) commodities business and proprietary trading firm.
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Emirates NBD (ENBD) has renegotiated the price it is paying to buy Turkish lender Denizbank from Sberbank after the fall of the lira since the deal was first announced last year. Some bankers have wondered how the acquisition will be financed, but ENBD has told GlobalCapital the bank will not raise debt to fund the deal.
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Singapore-based loans banker Cho-Teng Kooi has resigned from BNP Paribas, according to a source familiar with the matter.
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An equity-linked banker at HSBC in London has moved to a new role within the bank.
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Jonathan Wilcox has left his role as head of UK investment banking at Jefferies, according to a source familiar with the matter.
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SG hires UK global markets head — Former financials bankers look to create bond platform — Credit Suisse hires for securitization sales