Bank of America has hired Jim O’Neil, the executive responsible for managing the government’s stakes in U.K. banks, to advise its clients in the financial services industry.
He will work alongside Bill Egan, the firmsaid in a statement today. O’Neil, 46, had worked at Bank of America for 17 years before joining UKFI and is a former head of corporate finance in Europe.
Redshaw, 40, left the company Wednesday, one of the people said. Both people declined to be identified because the information isn’t public. The trader has bought and sold emissions permits at Barclays since 2004.
And The Financial Times reports that Citigroup has hired a senior banker from Deutsche Bank to become head of UK investment banking and broking as the US lender continues to strengthen its European franchise.
Ben Story would join Citi in early May and report to Manolo Falco and James Bardrick, co-heads of corporate and investment banking in Europe, the Middle East and Africa, the bank said in an internal note on Thursday.
Citi poaches Deutsche banker for UK (subscriber content)