Canaccord Genuity Group has promoted Dan Coyne to lead U.S. investment banking as part of a reorganization that includes cutting institutional high-yield fixed-income trading in the U.S. and the loss of 15 jobs.
Bloomberg News reports that Coyne, a 17-year veteran of the firm, will be supported by a new investment-banking advisory council of Matt Steere and Andrew Pojani, according to a November 6 memo to staff from Jeff Barlow, Canaccord’s U.S. president.
The company also named Eugene Rozelman as head of biotech and specialty pharma investment banking, a new role.
In the meantime, Reuters reports that Deutsche Bank has said it had appointed Annett Viehweg as chairwoman of its Deutsche Bank Ltd Russia Board.
Viehweg was previously the head of Deutsche's global network banking for Central and Eastern Europe, the Middle East, and Africa. Viehweg replaces Joerg Bongartz who left in September.