People News: Citigroup, Wells Fargo, Bank of America Merrill Lynch

Wells Fargo Logo

Citigroup has named Faraz Naseer head of US high-yield trading, and Fran Sutter and Michael Schechter co-heads of US loan trading, sources said.

Reuters reports that the changes follow the departure earlier this year of James Nessel, previously head of US high-yield trading at the bank, sources said.

Embed from Getty Images


In the meantime, Reuters also reports that Wells Fargo has hired former Bank of America Merrill Lynch banker Shaun Dreyer to head its investment-grade loan syndications business.

Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo, said on Tuesday Dreyer will lead the origination, structuring and syndications of loans for investment-grade customers in North America.

MOVES-Citigroup names new heads of US high yield and loan trading

MOVES-Wells Fargo names Dreyer head of IG loan syndications

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

Register for Financial Markets News Alerts