JP Morgan has hired David Bauer from private equity firm KKR to jointly run its Americas ECM business. Bauer, a former Goldman Sachs banker who has run the ECM business within KKR's capital markets unit for the past six years, will be New York-based co-head of Americas ECM alongside Keith Canton. Bauer previously spent 13 years at Goldman, including a three-year stint as head of equity syndicate and a stint as ECM lead for natural resources and consumer and retail sectors.
Simon Steffen has joined MUFG to head a new leveraged capital markets team for EMEA, which will be in charge of origination and execution of high-yield bonds and leveraged loan transactions. It will sit alongside the investment-grade and specialist finance teams. Steffen joins from Santander, where he was head of high-yield DCM. He has also worked at UniCredit, Barclays and Merrill Lynch.
Morgan Stanley has promoted Natasha Sanders and Thomas Thurner to co-heads of ECM origination for EMEA. Sanders and Thurner fill the gap left by Martin Thorneycroft's promotion in August to global co-head of ECM. Sanders and Thurner will continue to report to Thorneycroft. Thurner runs ECM coverage in Germany, Austria and Switzerland. Sanders will maintain coverage of emerging markets ECM and private placements. They joined Morgan Stanley in 2010.
Goldman Sachs has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of M&A in Asia-Pacific. Maliah, based in Hong Kong, is currently global vice-chairman of investment banking and head of TMT in Asia ex-Japan. He joined the bank in 2000. Yano, who joined the bank in 1998, is co-head of investment banking and head of M&A in Japan. Wittig, currently global head of industrials M&A and aerospace and defence in New York, will relocate to the region later this year. He has been with the bank since 2001.
Humberto Garcia-Salas and Andrew Redmond have joined JP Morgan in its mid-cap investment banking group. Garcia-Salas will work out of Miami supporting clients in Florida across sectors. Redmond is based in New York covering healthcare services. Garcia-Salas is rejoining from Greenhill, where he spent eight years, most recently focused on cross-border transactions. He previously worked at JP Morgan from 2007 in M&A. Redmond joined from Guggenheim Partners, where he focused on healthcare and technology.
Freddie Mac hired financial industry veteran Diana Reid as the mortgage finance agency's chief executive following the retirement of Michael DeVito this year. Freddie president Michael Hutchins, who had stepped in as interim CEO, will continue as president. Reid previously led PNC's real estate business division for nearly 12 years and before that founded Beekman Advisors after almost two decades at Credit Suisse First Boston.
ING has appointed Siobhan Walker to lead its new energy team in the UK, which it sees as a key market for its renewable energy activities and "pivotal" to energy transition efforts. Walker will be responsible for growing ING's commitment to the energy sector and energy investors in the UK. She will report to Michiel de Haan, global head of ING's energy sector, in the newly created role. Walker has more than 25 years' experience in relationship management, corporate finance and financial sponsors.
Dieter Turowski, Morgan Stanley's chairman of investment banking for Asia-Pacific, is moving to the US to be vice-chairman of investment banking and chairman of global technology M&A. He will move to Menlo Park, California, from Hong Kong. Turowski joined Morgan Stanley in 1998 and has spent more than 11 years in Asia, and was named chairman of APAC investment banking in 2017. He will continue to stay involved in the Asia business.
Bank of America has hired technology banking veteran Tim Carpenter from JP Morgan to co-lead its software investment banking business, Reuters reported. Carpenter had been with JP Morgan since 2015 after moving from Deutsche Bank.
Financial institutions adviser Performance Trust has hired Benjamin Blatt, Paul Limanni and Gregg Davis to head its new asset-backed banking team. Blatt, Limanni and Davis all join the Chicago-based firm from fintech outfit Pagaya.
Westpac has appointed former investment banker Anthony Miller as CEO, effective December 16. Miller runs Westpac’s business and wealth division after joining in 2020 to lead its institutional arm. He previously spent three years at Deutsche Bank as CEO of Australia and New Zealand and co-head of its investment bank for Asia-Pacific, after 16 years at Goldman Sachs in Sydney and Hong Kong and two years at Credit Suisse. He started his career as a lawyer.
Standard Chartered has appointed Nguyen Thuy Hanh as CEO and head of banking and coverage for Vietnam. Nguyen joined the bank in 1997 and is head of corporate and investment banking for Vietnam. She replaces Michele Wee, who has been Vietnam CEO since February 2021.
Australian bourse operator ASX named David Clarke as chair. Clarke will start on October 28 when Damian Roche retires after the AGM. Clarke was previously CEO of Investec Bank in Australia and Westpac Banking's CEO of wealth management.
Allspring Global Investments has hired Santander strategist Caroline Chen as a senior research analyst focusing on securitised products. Chen is based in New York and joined Santander in 2021 and specialised in collateral loan obligations.
Law firm White & Case has rehired Majed Alkuraydis as a partner in Riyadh in its global capital markets practice and FIG. Alkuraydis joins from investment firm Al Faisaliah Group, where he was general counsel. He worked at White & Case in Riyadh in 2019.
Law firm Cahill Gordon & Reindel has hired Dan Amato as a partner in its private credit practice. Amato is based in New York and was previously head of sponsor finance at Orrick Herrington & Sutcliffe.
BNY Investments has appointed Masaaki Sakakibara as head of Japan. Sakakibara joins the asset manager from Mercer Japan, where he was wealth business country leader and CEO of Mercer Investments in Japan. BNY Investments is part of Bank of New York Mellon.
Citigroup's chief accounting officer and controller Johnbull Okpara has resigned to pursue another opportunity, Reuters reported. Robert Walsh will be interim chief accounting officer.