People Moves - BofA, Citi, Morgan Stanley, RBC, UBS, Mariner Investment Group

For Hire

More folks on the move.

Reuters reports that Bank of America Merrill Lynch's Asia debt capital markets head, Ashish Malhotra, has left the firm, a bank spokesman said on Tuesday.

And Bloomberg reports that Citi has hired Christian Kames from Goldman Sachs to head its mergers team in Germany, Austria and Switzerland.

Kames, who will start on July 8, spent the last 12 years at Goldman Sachs as a senior managing director focused on mergers and acquisitions in the automotive industry, the New York-based firm said in a memorandum to employees obtained by Bloomberg. The contents of the document were confirmed by a Citigroup spokesman in London.

Reuters reports that Morgan Stanley Wealth Management said on Monday it added four veteran adviser teams from rival wealth units at Bank of America, Wells Fargo and JPMorgan Chase, expanding its broker footprint in Florida and Pennsylvania.

The new recruits, who joined Morgan Stanley on Friday, managed more than $765 million in client assets at their old firms.Morgan Stanley Wealth Management is already the largest U.S. brokerage by adviser headcount and client assets under management.

Bloomberg reports that Royal Bank of Canada is hiring credit traders from Wall Street’s biggest firms after doubling annual high-yield debt trading volumes at its U.S. capital markets unit since 2010.

Steve Oplinger started in New York Monday as head of U.S. high-yield and leveraged-loan sales and trading after leaving Credit Suisse Group AG (CSGN) in January, according to Sanam Heidary, a spokeswoman at RBC Capital Markets. Robert Williams, a credit trader who worked at Royal Bank of Scotland Group Plc, is also planning to join, said two people with knowledge of the moves, asking not to be identified because the transitions are private.

And The Wall Street Journal reports that UBS's Australian head of hedge fund sales Thomas Anglin has relocated to New York as part of the creation of a new global sales desk, according to an internal memo obtained by Deal Journal Australia.

Anglin and New York-based colleague Fred Liljewall will report to Matt Foulds, UBS’s head of Americas equity distribution, and cover hedge funds including Viking, Lone Pine, Blue Ridge, Maverick, Manikay and Tiger Global, according to the memo.

Finally, Bloomberg reports that Mariner Investment Group, the $10bn hedge-fund firm founded by William Michaelcheck, hired Eric Pellicciaro from BlackRock to manage a global macro portfolio of a new multistrategy hedge fund.

Mariner plans to hire several managers to run various strategies for the Mariner Incubation Fund and will invest an initial $50m to $100m in each portfolio, according to a statement from the New York-based firm.

BofA Asia debt capital markets head Malhotra leaves firm

Citigroup Hires Ex-Goldman Banker Kames for German M&A

Morgan Stanley scores four broker teams from rivals

RBC Lures Wall Street Debt Traders With Volumes in U.S. Doubling

UBS Australia Head of Hedge Fund Sales Moves to New York (subscriber content)

Mariner Hires BlackRock’s Pellicciaro for New Hedge Fund

 

 

 

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