Bloomberg reports that Credit Suisse has promoted Neil Carragher and Steven Pierson to jointly head the firm's investment banking financial institutions group in the Americas, succeeding Nancy McAllister and Edward Yorke.
Ms McAllister is said to be planning to leave Credit Suisse, although Yorke will remain with the firm.
The news agency also reports that, according to Bloomberg data, JPMorgan has extended its lead over Goldman Sachs in the M&A advisory stakes this year. After AT&T's $39bn acquisition of Deutsche Telekom's US wireless unit, JPMorgan has now taken its 2011 M&A deal volume tally to some $159bn, well ahead of Morgan Stanley in second place ($94.7bn) and Goldman in third ($91.6bn).
In the meantime, The Wall Street Journal reports that Nomura is said to be planning on building an equity capital markets desk in Australia. The firm, which currently employs around 150 staff in Australia, is said to be currently looking for someone to head up the new desk, which will be based in Sydney.
Finally, The Independent reports that over 20 'Green' groups are said to be boycotting this week's UK Climate Change activities in protest against the 'cynical' sponsorship of events by Royal Bank of Scotland, which is said to have provided around $8bn in financings to the world's biggest coal-mining and coal-fired electricity generator companies over the last 3 years (more than any other UK bank).