What has changed though is the personnel across a number capital markets and investment bank offices (or more accurately video calls) with a flurry of hires and moves coming to Notebook's attention over the last few days.
Let's start at Crédit Agricole's corporate and investment bank, where a new executive management team is designed to give "a more balanced representation" of its financing and markets businesses, the bank said.
The reshuffle comes as deputy chief executive of the CIB François Marion steps down. In his place, Jean-François Balaÿ, Olivier Bélorgey and Pierre Gay step up.
Gay remains global head of global markets and will supervise capital markets activities and, along with investment banking head Hélène Combe-Guillemet, equity activities as well.
Balaÿ is to supervise the debt optimisation and distribution division, the distressed assets department, international trade and commercial banking, and structured finance.
Meanwhile, the bank has also picked four new deputy general managers, including head of global coverage and investment banking Didier Gaffinel, who will oversee — you guessed it — client coverage and investment banking.
Elsewhere at Créd Ag, Damien Loynes has broadened his syndicate responsibilities: he has been made global head of fixed income syndicate, adding to his present remit as head of fixed income syndicate for Europe, the Middle East and Africa.
And Toby Croasdell has been appointed global head of MTNs, private placements and commercial paper.
Over at MUFG, Darryl D’Souza has a new position, where it appears he will be more deeply involved in one of the bank's priority areas of late: boosting its offering to financial institution clients. He has become head of sponsor coverage for EMEA, having previously been head of financial sponsors for the European structured finance office.
D'Souza will now report to Matteo Ferrario, who is head of distribution and financial institution coverage for EMEA.
Another move that plays into broader strategy is that of Vincenzo de Falco, who has been hired by Credit Suisse for its new international wealth management investment banking advisory (IWM IBA) division. This unit aims to offer investment banking products to privately owned companies and high-net-worth clients.
De Falco, previously head of investment banking in the corporate and investment bank at UBI Banca, has been selected to be head of coverage within IWM IBA. He will oversee existing coverage teams focused on deal origination, and expand the bank's footprint in Europe.
Equity capital markets bankers have been moving on too. Andreas Franzenhas joined Berenberg from Deutsche Bank to become head of ECM execution for continental Europe, while David Koch has left Barclays, where he was head of southern European ECM.
And London-based brokerage Shard Capital is expanding into ECM by taking on an entire team from Mirabaud Securities. The unit will be known as Tennyson Securities, but disappointingly will be based out of an office in London's West End rather than the Shard building, south of the City in the Borough.
Three final moves to wrap up: Credit Suisse's global head of equity sales Lucy Baldwin is joining Citi in April as head of research and equity advisory within the markets and securities services division; Natixis's chief executive of the CIB for EMEA excluding France, Stephane About, has taken up a new post as chief executive of Société Générale Americas; and Anne Flori, who was a bond banker at RBC Capital Markets, has joined the Council of Europe Development Bank as a funding officer.