Movers & Shakers (Who's On The Move) - 31st May

Here's the latest on who's on the move.


Citigroup has announced the appointment of Simon Yates as its new head of equity derivative sales and trading for the Americas. Yates earlier worked as co-head of European equities for Credit Suisse Group. The position has been newly created by Citi to focus on the derivatives business, and will report to Richard Barlett, head of equity salesequity sales and trading for the Americas.

Credit Suisse

Credit Suisse has announced that Frederick O. Terrell has rejoined Credit Suisse as Vice Chairman of the Investment Banking Department, reporting to Jim Amine. He will be based in New York.

Prior to rejoining Credit Suisse, Terrell was Managing Partner and Chief Executive Officer of Provender Capital Group, LLC, a private equity investment firm based in New York City that he co-founded in 1998. On behalf of major institutional clients, Provender's funds invested in companies within the consumer products, financial services and media industries.

Deutsche Bank

Deutsche Bank has announced that Bob Keller will join as a Managing Director in Global Credit Trading within the Bank's Global Markets division. In his role, Keller will trade cash and credit default swaps (CDS), and report to Masaya Okoshi, Managing Director and Head of Investment Grade Credit Trading in the Americas. Keller will be based in New York.

Keller will join from Jefferies & Company, Inc. where he spent a year as a senior vice president in investment grade cash trading. Prior to Jefferies, Keller spent nine years at Merrill Lynch, most recently as a director in investment grade trading.

Deutsche Bank has also announced it has hired Suzanne Cain as a Managing Director in institutional credit sales, further strengthening the bank's leading credit franchise.

Suzanne returns to Deutsche Bank from Morgan Stanley where she was Head of Credit Sales for Europe, the Middle East and Africa. Before joining Morgan Stanley in 2002 she spent seven years at Deutsche Bank in New York as head of the bank's Relative Value Group in the Americas.

Based in London, Suzanne will report to Dario Schiraldi, European head of Institutional Sales.

Deutsche Bank Securities Inc. has confirmed that Simon Booth will join the firm as a Managing Director and Global Co-Head of Deutsche Shipping, alongside Ralf Bedranowsky. Booth will be based in London and will report to Paul Stefanick, Global Head of the Industrials Group.

Booth has more than 20 years' experience in shipping finance, having most recently served as a regional head of Citigroup's Shipping, Offshore and Ports corporate banking business in the EMEA region. He joined Citigroup's shipping corporate finance division as a Relationship Manager in 1987.


HSBC has announced it has hired Kevin Logan as US. Chief Economist within the research division of its Global Banking and Markets business. He reports to Patrick Boucher, head of research for the Americas, and functionally to Stephen King, HSBC Group Chief Economist. Based in New York City, Logan is responsible for U.S. economic forecasts and publication of key economic research for the bank's institutional client base across the world. Specifically, he will look at how U.S. economic developments impact other markets and how other markets, especially emerging markets, are affecting U.S. economic trends and data.

Most recently, Logan served as director and senior market economist responsible for U.S. economic forecasting at Dresdner Kleinwort for more than 12 years.

Jefferies & Co

Jefferies & Co has announced the hiring of Jerry Dellis as a Managing Director and Senior Telecommunications Analyst in the firm's London office.

Dellis joins from JPMorgan, where he was an Executive Director withing the firm's European Telecomunnications Equity Research Group.


JPMorgan has rehired two who left for Bank of America Merrill Lynch just last month.

Achintya Mangla will become co-head of equity capital and derivatives markets for Asia outside Japan and Australia with Arjun Khullar. Aloke Gupte will run convertible bond underwriting for the Asia-Pacific region, the position Mangla previously held.

Morgan Stanley

Morgan Stanley Private Wealth Management has announced that it has hired a team of four investment professionals to serve ultra-high net worth clients in Venezuela and Colombia.

Based in Miami, the team includes two Private Wealth Advisors: Executive Director Luis Miguel Gonzalez Ocque and Vice President Alan Shlesinger.  They will be joined by Vice President Christina Arguelles and Client Sales Associate Eduardo Alvarez who will support the team.  They join from Barclays Wealth and report to Adriana Pineiro, Executive Director and Regional Sales Manager, Morgan Stanley Private Wealth Management.


Nomura International has announced the appointment of Steve Ashley as Global Head of Rates, and Chris Fleming as Global Head of Rates Sales. Ashley will be based in Tokyo and his role will encompass all of Nomura's global flow and rates products. Fleming will be based in London and will be responsible for directing Nomura's dedicated rates sales forces across its core regions.

Steve Ashley joins from Royal Bank of Scotland where he was responsible for global delta interest rates and flow credit trading. He spent six years at RBS building its rates business and overall he has more than two decades of experience in rates trading with senior roles at UBS and Credit Suisse. He will report to Tarun Jotwani, Head of Global Fixed Income.

Chris Fleming also joins from Royal Bank of Scotland where he was European head of interest rate sales, co-European head of flow credit sales and European head of FX flow and futures. Prior to this, Mr. Fleming worked at UBS as head of all liquid product sales, government and flow derivatives for Europe. He will report locally to Kieran Higgins and Georges Assi, co-heads of Fixed Income EMEA, and globally to Steve Ashley.

The firm has also announced the appointment of Dr. Hua He as Head of Equities, China as the firm continues to strengthen its presence in this key market.

Dr. He brings extensive experience to the role, having most recently held the position of Head of Equity Research, Asia ex-Japan, in which he led Nomura to achieve a record second ranking in the 2010 Institutional Investor All-Asia Research Team poll, up from eighth in 2009.

Royal Bank of Scotland

The Royal Bank of Scotland has confirmed that it has made two new hires for its Asian investment banking division (IBD). Viral Gathani will join the UK lender as head of energy and resources for Asia in early June, while Wu Gang has already come on board as co-head of the global industrials group (GIG), also for Asia.

Both will be based in Hong Kong and report to Meighen Robertson, head of sectors, Asia.

Gathani comes aboard from private equity firm Warburg Pincus, and will be responsible for driving the growth of the bank's energy and resources unit business across debt, equity and advisory products throughout the region. Wu previously worked at HSBC in London and Hong Kong, where he was a Managing Director in the cross-border advisory group.

Tullett Prebon

Tullett Prebon has confirmed that Paul Ribbins has been appointed Managing Director - Head of Risk Management Services with immediate effect.

Ribbins reports directly to Paul Humphrey, CEO of Electronic Brokerage & Information, and joins the divisional management team. He was previously a senior interest rate swap trader at Lehman Brothers, where he was involved with developing various electronic initiatives for interest rate swaps.

Please send hiring press releases to

Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...