People News: Bank of America, Citi

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Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.

Reuters reports that Hiseman, who is set to join the bank in London in June, will also head the corporate fixed-income solutions business at the Wall Street bank.

He will be reporting to Sam Losada, co-head of Global Rates and Currencies Origination, and Jeff Tannenbaum, co-head of EMEA DCM Origination & Syndicate.

In the meantime, Bloomberg News reports that Citigroup named Narjess Aschi head of its financial institutions corporate banking business for the Middle East and North Africa, replacing Aziz Rahman, who is moving to Johannesburg in another role with the bank.

Aschi, who is based in Dubai and has been with Citigroup for more than 12 years, will work closely with other country and corporate banking heads in the region to increase the bank’s business with regional financial institutions, according to an internal memo seen by Bloomberg News. 

BofA names new head of EMEA corporate debt capital markets

Citi Names Narjess Aschi Middle East Financial Institutions Head

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