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Barclays has promoted from within to fill the role of head of investment banking for continental Europe that has been vacant since Carlo Calabria left earlier this year to concentrate on a special purpose acquisition company.

Reinout Böttcher is leaving UBS, where he was head of global banking for Switzerland, for a vice-chair role at JP Morgan in Zurich.

Charlotte Weir is leaving Barclays after more than 20 years with the firm, most recently as head of corporate debt capital markets in EMEA, for a job at another bank in London.

Credit Suisse has filled six roles in its sustainability strategy, advisory and finance (SSAF) group, headed by Marisa Drew, including a global head of net zero strategy.

As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.

Japan’s Sumitomo Mitsui Financial Group has formed an alliance with Jefferies and is providing the US investment bank with capital to pursue its ambitions in leveraged finance.

The Financial Conduct Authority has helped to put the UK at the forefront of financial innovation with its pioneering regulatory sandbox programme. While it has inspired similar schemes in various jurisdictions, its next big challenge is to implement this concept across borders.

UniCredit’s CEO Andrea Orcel has revealed further refinements to the bank’s organisational structure that are aimed at increasing the independence of its new regional divisions.

A veteran of some 27 years at Nordea will leave this year to become the Nordic Investment Bank’s CFO.

US investment banks enjoyed a boost in earnings from their M&A bankers in the past quarter as a flurry of deal making made up for a return to more normal levels of debt issuance and trading.

Goldman Sachs celebrated its second highest ever firm-wide quarterly net revenues, net earnings and earnings per share on Tuesday. It set the as-yet unbeaten net revenue record in the first quarter of the year.

Investec has hired two new staffers to its growth and leveraged finance team, after launching an inaugural direct lending fund at the start of 2021.