Showing posts with label banking people. Show all posts
Showing posts with label banking people. Show all posts

Wednesday, 29 October 2008

BNP Paribus Boosts Hedge Fund Service Team

BNP Paribas has created a multi-asset, hedge fund client service team. The team will be a single point of entry for Hedge Funds for all inquiry, will leverage the bank's capabilities and will focus on operational efficiencies.

The team will be headed globally by John Polivko, based in New York and reporting locally to Jean-Patrick Kaiser, Deputy Chief Operating Officer, and globally to Bernard Gavgani, Equity and Commodity derivatives COO and François Freyeisen, Fixed Income COO.

John recently joined the firm from Merrill Lynch where he was in charge of the client service organization for Prime Brokerage and more recently worked in financing sales. Prior to Merrill Lynch, John spent 7 years as a Managing Director at Bears Stearns in Prime Brokerage.

In addition, we are pleased to announce the appointments of regional managers who will report directly to John Polivko.
Victoria Baker has been named regional head of the Americas and will also be based in New York. Victoria has been with BNP Paribas for ten years and was most recently responsible for Fixed Income client services.

Neil Spice has been appointed regional head of EMEA, based in London. Neil formerly managed the Fixed Income client service team at BNP Paribas in London. Prior to joining BNP Paribas, Neil spent 3 years at BONY and his previous experience includes: Deutsche Bank, Merita Bank and Prudential Bache Forex.

Jacqueline Man becomes regional head of hedge fund client service based in Hong Kong. Jackie was formerly responsible for client services in Asia for SCOPE (Secondary Client Offering Post-Trade, EQD) for BNP Paribas. Jacqueline joined the firm 4 years ago. Prior to BNP Paribas, she spent 7 years at Merrill Lynch in Asia.

Wednesday, 22 October 2008

Bank of America Executive Change

Bank of America today announced the Global Banking, Securities and Wealth Management leadership team that will be in place once the combination with Merrill Lynch & Co. is complete.

Greg Fleming, currently president and chief operating officer of Merrill Lynch, will head Global Corporate and Investment Banking, which will include commercial banking. He will operate from New York. David Darnell, currently president of Global
Commercial Banking, will continue as head of Global Commercial Banking reporting to Fleming. He will operate from Charlotte.

Tom Montag, currently global head of Sales and Trading at Merrill Lynch, will be head of Global Markets which includes sales, trading and research. He will operate from New York. Capital Markets will report to both Montag and Fleming.

Peter Kraus, executive vice president of Global Strategy at Merrill Lynch, has decided to leave the company after the merger to pursue other opportunities. "While at Merrill Lynch Peter provided valuable insight and advice to me and the team. We know he will be successful in whatever he pursues and wish him well," Thain said.

Keith Banks, president of Global Wealth and Investment Management at Bank of America, will be head of U.S. Trust and Columbia Management. He will operate from New York.

Bob McCann, vice chairman and president, Global Wealth Management at Merrill Lynch, will be head of the combined financial advisor organization. He will operate from New York.

The leader of Global Wealth and Investment Management will be determined in the future as the company works to define the target environment through the transition process.

Cathy Bessant, president of Global Product Solutions at Bank of America, will be head of Global Product Solutions for the combined companies. She will operate from Charlotte.

Jim Kelly, Business Executive-Technology and Operations at Bank of America, will head technology and operations support for all of Thain's businesses. He will operate from Charlotte.

"With these talented individuals and others who will be announced as we move forward I am more than ever convinced that we will be the world's premier financial services company," Thain said.

Monday, 29 September 2008

Nomura Vice-Chairman and CEO Appointed

Nomura has appointed Sadeq Sayeed to the new position of Executive Vice Chairman, Nomura International plc with immediate effect. In addition, Mr. Sayeed will take on the role of Chief Executive of the newly acquired businesses on completion of the European Nomura/Lehman Brothers transaction.

Mr. Sayeed will oversee the activities of all Nomura's newly acquired businesses and will continue to act as the Senior Advisor to Nomura's senior management with responsibility for international strategy.

"My first priority is to get the teams we have acquired back up and running under the Nomura badge as swiftly as possible," said Mr. Sayeed. "The key is to drive our business forward while achieving maximum value for Nomura's shareholders. I am excited about the future and confident that we can achieve extraordinary results."

Thursday, 18 September 2008

Evercore Director

Evercore Partners Inc. (NYSE: EVR) announced today that Jed Sherwindt has joined the firm's Advisory business as a Senior Managing Director. He will join Brian Roberts, a Senior Managing Director in Evercore's San Francisco office, in working with industry-leading technology companies.

Mr. Sherwindt joins Evercore from Citigroup where he was a Managing Director and Head of its Global Software Investment Banking Group. At Citigroup, Mr. Sherwindt advised on a number of major technology transactions, including PeopleSoft in its sale to Oracle, IBM in its acquisition of FileNet and Ask Jeeves in its sale to IAC.

"Jed is one of the most respected and experienced bankers in the technology industry and we are pleased to welcome him to Evercore," said Roger C. Altman, Chairman and Chief Executive Officer of Evercore Partners. "He has advised some of the most significant companies in this sector and his extensive knowledge and expertise will be of tremendous benefit to us and our clients in this important industry."

The addition of Mr. Sherwindt follows a number of strategic appointments that Evercore has made to broaden the firm's Advisory capabilities in attractive sectors, such as aerospace/defense, chemicals, consumer/retail, healthcare, oil & gas and restructuring.

"I am excited to join such a highly regarded investment banking boutique and to be part of a talented team of people that I have enjoyed working with over the years," said Mr. Sherwindt. "Evercore's technology, media and telecom practice has established itself as an industry leader, having advised on such transformative deals as EDS in its sale to Hewlett-Packard and the separation of Time Warner Cable from Time Warner. I look forward to working with the team and contributing to the firm's continued success."