Banking Times: Daily Banking News
 
 
Daily Banking Industry News
Saturday 05th of July 2008
July 4, 2008

Guerrero appointed South Asia director

by Richard Kilner

Story link: Guerrero appointed South Asia director

Isabel Guerrero has been appointed by the World Bank’s president, Robert Zoellick, to serve as the South Asia Region’s vice president.
Guerrero leaves behind her previous New Delhi-based job as country director for India to assume her new role.
She joined the organisation 26 years ago, and early in her career worked as a country economist for […]



UniCredit appoint Hammond and Lim as market heads

by Richard Kilner

Story link: UniCredit appoint Hammond and Lim as market heads

UniCredit Markets & Investment Banking (MIB) has announced the appointment of Mike Hammond and TJ Lim as co-heads of Markets.
Hammond first joined MIB in August of last year, leaving behind Merrill Lynch, where he held a range of senior positions.
He brings more than two decades of experience to his new position.
Lim joins from NewSmith Capital […]



July 2, 2008

BNP Paribas reshuffles senior positions

by Richard Kilner

Story link: BNP Paribas reshuffles senior positions

Yesterday the board of French Bank BNP Paribas met, chaired by Michel Pébereau.
The board agreed to an important reshuffle of general management on a motion of Baudouin Prot, and made a number of key appointments.
The board also decided upon a new executive committee composition as a result of the reshuffle.
CEO Baudouin Prot proposed that the […]



Deutsche Bank opens second Russian office

by Richard Kilner

Story link: Deutsche Bank opens second Russian office

St Petersburg is to be the site of a new Deutsche Bank representative office.
Private wealth management and global transaction banking support will be on offer to clients from the new office.
Deutsche Bank presently has a single office in Russia, located in Moscow, which has been in operation for the last decade and has more than […]



Deutsche Securities appoint Japanese market leader

by Richard Kilner

Story link: Deutsche Securities appoint Japanese market leader

Deutsche Securities Inc. has announced the appointment of Marzio Keiling as head of global markets Japan.
In addition, Keiling assumes the role of Japan’s representative on the global markets executive committee.
He replaces Henry Ritchotte, who moves to London to take up the position of chief operating officer for global markets worldwide.
Keiling joined Deutsche Bank 12 years […]



June 30, 2008

Friese to become CEO of ING’s Nationale-Nederlanden

by Richard Kilner

Story link: Friese to become CEO of ING’s Nationale-Nederlanden

Dutch bank ING has announced the appointment of Lard Friese as chief executive officer of Nationale-Nederlanden, as well as chairman of the Dutch Intermediary Division.
Friese will succeed the incumbent, Ludo Wijngaarden, who leaves the post on 1 August.
The appointment will be effective from 1 September of this year, subject to the approval of De Nederlandsche […]



June 27, 2008

ING to appoint former Dutch Minister

by Richard Kilner

Story link: ING to appoint former Dutch Minister

Dutch bank ING has announced the appointment of Karien van Gennip to the post of director of European and International Affairs.
Van Gennip will assume her role on 8 September, succeeding Violeta Ciurel who vacates the position to become regional chief executive officer of the firm’s greenfield insurance operations within Central Europe.
She will be tasked with […]



June 26, 2008

Rauchenwald appointed to UniCredit’s board

by Richard Kilner

Story link: Rauchenwald appointed to UniCredit’s board

Martin Rauchenwald is to be appointed to the management board of UniCredit Bank, pending the green light from the necessary authorities.
Rauchenwald, who is presently leader of marketing and investment banking for Russia, is to retain his role as acting chairman of UniCredit Aton’s supervisory board.
For the last two years he has been acting head of […]



JPMorgan Treasury Services appoints new executive

by Richard Kilner

Story link: JPMorgan Treasury Services appoints new executive

Eduardo Vergara has been appointed by JPMorgan Treasury Services to the post of global commercial card executive.
He joins the firm from American Express, where he was in charge of global product management and marketing for global commercial card.
During his career he has also held a number of posts with Bank of America, and worked […]



CAAM appoint Tazé-Bernard as investment chief

by Richard Kilner

Story link: CAAM appoint Tazé-Bernard as investment chief

Crédit Agricole Asset Management has announced the appointment of Eric Tazé-Bernard to the post of head of investment of long-only multimanagement.
Tazé-Bernard brings 25 years of industry experience to his role, having begun his career in 1983 with SEDES (CDC Group, France) as an economic consultant.
He joins Crédit Agricole from Invesco, leaving behind his job as […]



June 25, 2008

Morgan Stanley appoints Japanese private equity head

by Richard Kilner

Story link: Morgan Stanley appoints Japanese private equity head

Morgan Stanley has announced the appointment of Yoshihiko Shigenari to the post of private equity leader in Japan.
Shigenari, whose appointment comes into effect on 1 July, is also to be made representative director of Morgan Stanley Capital K. K.
Shigenari has been with the firm for almost two decades, joining in 1989 and presently serving as […]



June 24, 2008

Trio of hires bolster Deutsche Bank’s Midwest M&A

by Richard Kilner

Story link: Trio of hires bolster Deutsche Bank’s Midwest M&A

Deutsche Bank has announced a number of senior appointments designed to bolster its mergers & acquisitions and corporate finance coverage in America’s Midwest region.
On 26 August of this year, Randy Kurtz will join the Global Banking division, appointed as managing director and head of corporate finance coverage for the Midwest.
He joins the firm from Credit […]



June 23, 2008

London job losses expected at Citigroup and Goldman Sachs

by Gill Montia

Story link: London job losses expected at Citigroup and Goldman Sachs

Citigroup and Goldman Sachs have embarked on further rounds of job cuts.
Both banks are reducing headcounts globally and jobs in the City are under threat with staff cuts of up to 10% expected in some areas of the business.
In the case of Goldman Sachs, the latest job losses will be in addition to the 5% […]



Crédit Agricole make pair of appointments for CAAM

by Richard Kilner

Story link: Crédit Agricole make pair of appointments for CAAM

Crédit Agricole Asset Management (CAAM) has announced a brace of senior appointments, with Franck du Plessix made leader of structured product sales and Alexandre Schneebeli appointed as deputy head of structured product sales.
CAAM Group is the leading player in the structured products market of Italy, Japan and France, with €30bn in assets.
Du Plessix has spent […]



Deutsche Bank name Knight as vice chairman

by Richard Kilner

Story link: Deutsche Bank name Knight as vice chairman

Deutsche Bank has announced that Malcolm D. Knight is to serve as the firm’s new vice chairman.
Knight, who assumes his new position on 6 October, will report directly to Josef Ackermann, who chairs both the group executive committee and the management board.
His non-executive role will see him responsible for the supervision of the bank’s relationships […]



Credit Suisse cuts 75 London jobs

by Gill Montia

Story link: Credit Suisse cuts 75 London jobs

Credit Suisse, Switzerland’s second largest bank, is reducing staff numbers in its UK investment banking division by 75.
The bank, which has its UK operations headquartered in London’s Canary Wharf, is blaming market conditions for its latest round of job cuts, having already reduced the headcount in its investment banking unit by around 1,000 this year.
The […]



June 18, 2008

Eurofactor appoint Muselet as deputy CEO

by Richard Kilner

Story link: Eurofactor appoint Muselet as deputy CEO

Bernard Muselet has been named as the new deputy chief executive officer of Eurofactor.
In addition to that, Muselet will also assume a place on the executive board with responsibility for France.
The majority of Muselet’s career has been spent factoring in France, and on the international stage.
He has served with Natexis Factorem as director of West […]



Deutsche Bank strengthens its Russian presence

by Richard Kilner

Story link: Deutsche Bank strengthens its Russian presence

Deutsche Bank has reinforced its presence in Russia with a quintet of appointments to its Moscow office.
The new head of emerging markets for Russia and CIS is Alex Bronin.
He returns to Deutsche Bank after spending two years with Goldman Sachs in their FICC structuring team.
Valeri Pouchnia becomes leader of rates and fx trading for […]



June 13, 2008

Fortis appoint new company secretary

by Richard Kilner

Story link: Fortis appoint new company secretary

Kristof Macours has been appointed by the Fortis Board of Directors to serve as the firm’s new company secretary.
He will take the place of Ingrid Loos, who has held the position since the start of 2006 and is leaving the company.
Chairman, Maurice Lippens, thanked Loos for her years of service and her commitment to Fortis, […]



New CEO for Morgan Stanley in India

by Richard Kilner

Story link: New CEO for Morgan Stanley in India

Morgan Stanley has announced the appointment of Anthony Heredia as the firm’s new CEO of Morgan Stanley Investment Management in India.
Heredia, who joined the firm in February of last year, succeeds Narayan Ramachandran.
He brings with him over a decade of experience of asset management in the subcontinent, and before joining Morgan Stanley served with as […]