Bank of America Merrill Lynch has hired Peter Guenthardt, previously of UBS, as co-head of Asia-Pacific global capital markets,
Guenthardt replaces James Fleming who will be departing for London to head the U.K. equity capital markets team, according to a memo seen by The Wall Street Journal on Wednesday.
In the meantime, Karl Robijns, head of oil and products trading at Goldman Sachs, is retiring from the firm after 14 years.
Bloomberg News reports that Robijns also oversees agricultural products trading in London, according to an internal memo from Pablo Salame, Isabelle Ealet and Ashok Varadhan, co-heads of the firm’s securities division. He was named a partner in 2010.
Bloomberg also reports that Goldman has hired Kayhan Mirza from JPMorgan as global head of foreign-exchange trading.
Mirza accepted a position as partner at Goldman Sachs, Guy Saidenberg has held the role of global head of foreign-exchange trading at Goldman.
Goldman Sachs lost at least two partners from its currency-trading business this year. Leland Lim, co-head of macro trading for Asia ex-Japan, left to start a hedge fund. Steven Cho, global head of spot and forward trading of G-10 currencies in New York, also departed.