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Banker with wide experience will join in October
Promotion in New York restores former structure
Innovation has generated 500 deals without requiring extra bankers
Move follows hiring of John Kolz as co-head of global ECM
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Michael Guarda takes over DCM and syndicate
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Filippi, Bozzi and Andrez will try to boost challenger’s business
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Former head of ECM to oversee DCM, ECM and syndicate
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Conflict of interest is early test for Deutsche Numis and illuminates nature of broking relationships
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New CEO is under pressure to cut costs and bureaucracy, and Citigroup’s reorganisation could be a template. With top changes already this week, Georges Elhedery has shown he means business