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Trading Places: M&A specialists are in demand, UBS prunes management ranks
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It’s been another busy week of hires, promotions and departures in the City. While the highest-profile move was surely the exit of Barclays Chief Executive Officer Jes Staley, there was plenty more to take note of.
Staley quit after six years at the helm amid a regulatory probe into how he characterised his relationship with convicted sex offender Jeffrey Epstein. He’s being replaced by former JPMorgan banker CS Venkatakrishnan, who has been serving as head of global markets for over a year.
Over.
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