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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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Bank’s quest to regain its former status in Europe is making headway, after heavy investments
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Bank wants to grow risk management offering in north America
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GlobalCapital asked heads of debt capital markets businesses across the Street about their expectations for 2025 and their experiences of 2024. Most predict rising issuance volumes as Ralph Sinclair discovers whether they see AI, blockchains, or the rather more human rise of private credit as the most disruptive threat to the industry
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The capital markets are finding growing uses for artificial intelligence as language models go from being large and broad, to small and tightly focused. AI has already been deployed to increase administrative efficiency. Automation in trading and execution is next, writes Gaia Freydefont
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Banker promoted after other personnel changes at the firm
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Elhedery reshapes bank in search of agility, Ginsburg to leave in March