Trading Places: Citi’s Drury heads to San Fran, ex-HSBC exec joins Brevan Howard,

The unit will be one of what the bank calls a ‘super group’ where Citi aims to tap into a growing trend that straddles multiple sectors and divisions.

READ Citi exec Drury to move to San Francisco in tech push: ‘We have big ambition’

Meanwhile, the bank has kicked off the search for a new UK banking, capital markets and advisory chief following a move by Michael Lavelle to become chair of capital markets for Europe, the Middle East and Africa.

Lavelle, a 25-year veteran at Citigroup, has headed up the unit in the UK and Ireland for the past six years.

READ Citigroup kicks off hunt for UK investment bank chief as Lavelle moves to chair role

Elsewhere, former Citigroup executive Tsafrir Attar is to join Israeli fintech startup The Floor as its chief technology officer.

Attar was previously vice president of development at Citi, before helming its corporate accelerator programme for late-stage fintech companies.

The Tel Aviv-based startup said Attar will drive growth in its technology platform, which uses data to help banks source new products and identify which parts of their existing infrastructure could be repurposed or better used.

READ Former Citi exec joins Israeli fintech startup

Elie El Hayek, the former global head of fixed income at HSBC, has re-emerged at hedge fund Brevan Howard around a year after his exit from the lender.

He joined the hedge fund in April, according to his LinkedIn profile.

El Hayek was one of the biggest names to leave HSBC in the wake of a new strategy unveiled by chief executive Noel Quinn in February 2020, which will mean $100bn in risk-weighted assets stripped out, with its global markets unit a key target of the reduction.

READ Revolut enters India with appointment of ex-Flipkart exec Chatterjee

Revolut named Paroma Chatterjee as its chief executive in India, as part of an initial expansion effort into the region.

Revolut co-founder and chief executive Nikolay Storonsky said Paroma’s appointment was a “major achievement” for the banking app’s presence in India.

READ HSBC’s former global fixed income head joins hedge fund Brevan Howard

HSBC has hired the former head of Wells Fargo‘s international business to lead its European investment banking unit.

Lisa McGeough is joining the UK lender as head of global banking for Europe, according to an internal memo seen by Financial News and confirmed by a bank spokesman.

She will replace Philippe Henry, who announced his intention to retire from the bank in February.

McGeough, one of the most senior female bankers in the City who has previously featured on the FN 100 most influential women in Europe list, will start at HSBC in June, reporting to global banking and markets co-head, Greg Guyett, and HSBC’s European CEO, Colin Bell.

She joins HSBC after a 15-year career at Wells Fargo, where she was latterly head of its international business in the City, and has previously co-headed its corporate and investment banking business. She has also worked at Morgan Stanley, Toronto Dominion Securities and Citigroup in both markets and leveraged finance roles.

READ HSBC names Wells Fargo’s McGeough as new European investment bank chief

Boutique investment bank Gleacher Shacklock has hired a senior dealmaker within its European power and utilities advisory practice.

The bank has named Petros Stylianides as a managing director, it said in a statement.

Stylianides was previously co-head of power, utilities and infrastructure investment banking at BMO Capital Markets.

READ Boutique Gleacher Shacklock hires senior banker from BMO Capital Markets

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