People News: UBS, KKR, JPMorgan, HSBC, Deutsche Bank

For hire hiring

UBS has hired two bankers - one for its equity capital markets business and one for the financial sponsors coverage group - to grow its services for sponsor clients.

Bloomberg News reports that Michael O’Donovan will join the bank as a managing director in ECM Americas, according to an internal memo sent by Ros Stephenson, UBS’s chairman of global corporate client solutions. A spokeswoman for UBS confirmed the contents of the memo. O’Donovan, formerly of KKR’s Capital Markets unit, will head the strategic equity solutions group in the Americas and oversee the equity-linked business and the structuring of private deals.

In the meantime, Bloomberg also reports that JPMorgan hired Julia Wu from HSBC to head its China-incorporated unit, replacing Brett Krause.

Wu will join JPMorgan Chase Bank (China) Co. as president, subject to regulatory approval, Marie Cheung, a spokeswoman in Hong Kong, said Friday by telephone. Wu was most recently deputy head of global banking business in China at HSBC, where she worked for the past four years, Cheung said.

Also, Bloomberg reports that Deutsche Bank appointed Jamal Al Kishi as chief executive officer for the Middle East and Africa, replacing Ashok Aram who expanded his role to take charge of Europe.

Saudi national Al Kishi will remain as CEO of Deutsche Securities Saudi Arabia, subject to regulatory approvals, and will chair the Middle East and Africa executive committee, the Frankfurt-based lender said in a statement Monday. The bank also named Salah Jaidah, its chief country officer in Qatar, as chairman of the Middle East and North Africa.

UBS Hires KKR's O'Donovan, Deutsche Bank's Schwarzschild

JPMorgan Hires HSBC's Wu as Head of China-Incorporated Unit

Deutsche Bank Names Jamal Al Kishi as CEO of Middle East, Africa

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts