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New role includes digital assets
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
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A poor third quarter for Commerzbank’s investment banking division and the announced retirement of its chief executive has done little to spoil the bank’s overall sense of momentum, as it posted better profits than had been widely expected and revealed it would pay its first dividend in eight years.
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National Bank of Abu Dhabi (NBAD) has reaffirmed its Indian ambitions with the purchase of the Royal Bank of Scotland’s portfolio of offshore loans to the country’s corporates.
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Private equity firm TPG named Jon Winkelried co-chief executive, alongside TPG co-founder and chief executive Jim Coulter.
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Bank of Tokyo-Mitsubishi UFJ has hired two sector-focused managing directors for corporate banking in EMEA.
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Profits at Santander’s global corporate banking arm fell as the bank faced higher costs developing new franchises.
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Camelia Robu and Paramvir Sethi, two senior leveraged finance bankers previously with Deutsche Bank, will take on new roles in December at HSBC’s leveraged and acquisition finance unit in London.