People: Credit Suisse’s Bhandari joins Nomura

Folloit joins Citi from BAML; Barnard departs RBS

Nomura

Rishabh Bhandari, the New York-based former head of structured equity derivatives trading at Credit Suisse, has joined Nomura as a managing director in equity derivatives.

Bhandari joined Nomura on July 5, according to a source with knowledge of the move. In his new position he will report to Michael Caperonis, Nomura's head of equities and credit trading in the Americas.

Risk.net reported in April that Bhandari had left Credit Suisse. He had been working in the equity derivatives team at the bank for eight years.

Nomura did not respond to a request for comment.

Mark Barnard, head of equity derivatives at Royal Bank of Scotland (RBS), has left the bank. Based in London, he had variously been responsible for liquidity management, collateral optimisation and associated regulatory reform during his time at the lender.

Barnard joined RBS from Morgan Stanley in 2009. Among his roles at the US bank, he served as global head of equity collateral trading, having founded the collateral trading desk in 2007.

RBS declined to comment.

Citi has hired Vincent Folloit from Bank of America Merrill Lynch (BAML) as co-head of the strategic equity solutions business for Europe, the Middle East and Africa (Emea).

While at BAML, Folloit worked in the bank's strategic equity solutions business. Before joining the bank, he was part of the corporate equity derivatives team at Deutsche Bank.

Folloit now works alongside Alessandro Amicucci, co-head of strategic equity solutions for Emea, who was recently promoted to the role from the corporate equity derivatives team at the US bank.

Before joining Citi in 2009, Amicucci had been a senior originator within the equity derivatives team at Morgan Stanley.

Both Amicucci and Folloit were appointed to their new roles in July and are based in London. They report to Tim Gately, Emea head of equities, and Stephen Roti, global head of corporate equity derivatives.

chris-murphy-appUBS investment bank has reshuffled its management committee, resulting in the departure of three senior executives. They are: Roger Naylor, London-based global co-head of equities; Chris Murphy (pictured), London-based global co-head of foreign exchange, rates and credit; and Matthew Hanning, Hong Kong-based head of corporate client solutions for Asia-Pacific.

Naylor joined UBS in 2012. He had previously worked for Deutsche Bank, joining the German bank as a graduate and rising to become global head of equity derivatives and equity risk.

Murphy first joined UBS in 2009 as global head of interest rate derivatives trading. Prior to that, he was European head of rates trading at Morgan Stanley.

Hanning joined UBS in 2006 from Morgan Stanley, originally serving as head of mergers and acquisitions for Asia-Pacific.

Both Naylor and Murphy's roles will be taken on by their co-heads: New York-based Robert Karofsky will become co-head of global equities, and Zurich-based George Athanasopoulos will become sole head of forex, rates and credit.

Sam Kendall, Hong Kong-based global head of equity capital markets, will take over from Hanning as head of corporate client solutions for Asia-Pacific.

The moves were announced internally in June, but it is understood Murphy and Hanning will stay for a limited period of time to ensure a smooth transition. Naylor is due to leave the bank in September.

Colin Bennett has left Eurex to join Deutsche Bank as a senior derivatives strategist.

Bennett started work at the bank's London offices in July and reports to Simon Carter, head of equity derivatives strategy in Europe.

At Eurex, Bennett was head of equity and index product development and was based in Frankfurt. He had previously been a managing director and head of quantitative and derivatives strategy at Banco Santander.

Eurex declined to comment on the move.

In New York, Crédit Agricole has appointed Gerard Vincitore as a managing director in its structured finance advisory group for the Americas.

Before joining the bank in June, Vincitore was a senior vice-president of corporate finance at the New York Power Authority.

Vincitore will report to Jaya Viswanadha, head of the bank's structured finance advisory group in the Americas.

BNP Paribas has hired Mick Wiedrick, an executive director in asset-backed securities (ABS), as head of its ABS syndicate for the Americas.

Based in New York, Wiedrick will join the French investment bank in October and will report to Tim McCann, head of bond syndicates.

According to Wiedrick's Linkedin profile, he has been executive director for the ABS and commercial mortgage-backed securities syndicate at JP Morgan since June 2007.

Icap's former chief executive for global ecommerce, Dean Berry, has joined BGC Partners as an executive managing director in the broker's global electronic and hybrid execution team.

BGC announced the appointment on July 25. Berry will report to the company's president, Shaun Lynn.

Law firm Latham & Watkins has hired London-based structured finance partner Sanjev Warna-kula-suriya in its corporate department.

Warna-kula-suriya joins from rival law firm Slaughter and May, where he was head of the securitisation and structured finance practice.

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