Bloomberg News reports that Aslaksen, who became London-based global head of mergers and acquisition in 2010, is leaving for unspecified reasons, the people said, asking not to be identified because the departure isn’t official.
In the meantime, Bloomberg also reports that Standard Chartered hired Matthew Kennett to oversee the bank’s cost cutting program as CEO Bill Winters seeks to eliminate waste and excess, a person with knowledge of the matter said.
Kennett joined from Credit Suisse, where he is said to have been co-head of controls and reporting.
Shyam Rajan, a member of the rates team for the past six years, was named the head of U.S. rates strategy, according to the memo, whose contents were confirmed by Selena Morris, a Bank of America spokeswoman. Rajan reports to Ralf Preusser, who was named the global head of rates strategy, according to the memo.