Reuters reports that just about every investment bank has been scrambling to hire bankers specializing in software companies to keep up with demand from clients across industries which are grappling with technological changes.
The news agency also reports that Deutsche Bank has named Stefan Hoops to replace John Gibbons as chief of its Global Transaction Banking business division, the company said on Thursday, confirming a newspaper report.
Vella and Richdale will be replaced by Todd Leland. Richdale will move into a role with more client exposure.
Finally, Reuters also reports that Barclays said on Friday it had hired an investment banker from Deutsche, Ed Wehle, to focus on technology services deals based in New York.
Wehle, who is a managing director, will become head of global technology services banking and report to Barclays co-heads of technology banking in the Americas, Greg Dalvito and Laurence Braham, Barclays said in a statement.
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