14 March 2018

18 people you need to know as European banks expand on Wall Street

European banks are not ceding anything to their U.S. competitors, and many have been hiring steadily in the U.S.

Here are the banking executives with hiring authority based on Wall Street who you need to know if you want to land a job at a European bank in the U.S.

Barclays

In January, Marx Bowens joined Barclays’s foreign-exchange trading arm, as an MD and senior U.S. government bond trader in New York. Most recently, he was the executive chairman and COO of XG Industries, a nanotechnology company. Prior to that, he worked at Mariner Investment Group, CRT Capital Group and RBS.

Veteran banker Kirk Meighan joined Barclays in January as an MD in its US investment banking division.

Berenberg

Former J.P. Morgan and Investec banker Peter Nichols worked as an associate director at Berenberg’s London office for four years before being transferred to New York and promoted to the head of equity sales.

The bank is aggressively recruiting junior bankers in the U.S.

BNP Paribas

Declan Hanlon joined from Nomura Securities in May as an MD in credit trading.

Credit Suisse

In August, Credit Suisse added Anthony Abenante, the former Instinet CEO and Nomura MD, as the head of the advanced execution services (AES) electronic-trading division, and he’s since hired two ex-Instinet executives over the last few months – MDs John Comerford and Gerry Milligan, the latter as the Americas head of electronic products.

Deutsche Bank

In December, Deutsche Bank hired Peter Selman as the global head of equities. Previously, he was co-head of global equities trading and execution services at Goldman Sachs, where he worked for 23 years.

Meir Lewis was a Morgan Stanley MD before joining Deutsche in September as the head of insurance investment banking.

In August 2017 Eric Johnston joined Deutsche as the head of equity cash trading. He worked in the IBD at Barclays for 16 years, rising to MD before jumping to the buy side.

HSBC

HSBC hired three senior New York-based investment bankers in January.  Sarah Salih joined as an MD and the head of the financial institutions group (FIG) for North America. Thad Davis joined as the head of healthcare for North America. Jonathan Tretler joined as the head of consumer and retail for North America.

In addition, this January HSBC USA hired Chris Rosello as the U.S. head of public affairs in Washington, D.C., responsible for leading the bank’s public policy activities and government relations. Most recently, he was a senior vice president of federal government affairs at Wells Fargo.

Rothschild

In August 2016, UBS’s former joint global head of investment banking Jimmy Neissa made his return to banking as the head of North America and MD in the global advisory division at Rothschild. The following month, he opened a Chicago office, followed by a Silicon Valley office in Palo Alto in May 2017, when it announced that it was hiring a global head of technology and an MD to lead the tech team there. Later that month, the firm announced it was adding two healthcare MDs in New York, a consumer MD in New York and a consumer MD in L.A.

Société Générale

In December, Société Générale Corporate and Investment Banking hired James Masserio as the Americas head of equity derivatives trading.

A 21-year SocGen veteran, Sebastien Gacon moved from the Paris headquarters to New York in 2012 and is now an MD and the Americas head of trading.

UBS

This month, UBS hired Chris Cormier as the Americas head of technology, media and telecommunications (TMT) equity capital markets from Bank of America Merrill Lynch, where he held a similar position since 2015. He previously worked at Deutsche Bank for a decade as the Americas head of technology ECM.