(Updates HSBC, Barclays, Morgan Stanley and others)
Sept 7 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, send an email to moves@thomsonreuters.com.
HSBC
HSBC, Europe's biggest bank, said Stephen Green would step down to become trade and investment minister in Britain's coalition government. A successor was not named.
Green joined HSBC in 1992 and was appointed chief executive in 2003 before taking up the role of chairman in 2006.
BARCLAYS
Barclays said its investment banking supremo Bob Diamond will take over as chief executive from John Varley at the end of March. Varley had indicated that he wanted to move on when he turned 55.
Diamond has been credited with rebuilding its investment bank since joining 14 years ago, earning headline-making bonuses in the process.
CREDIT SUISSE
Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region, replacing Kai Nargolwala less than three years after hiring him from Standard Chartered . Swiss bank Credit Suisse said Abbasi, currently the bank's Asia-Pacific head of equities, will take over his new role on Oct. 1.
Credit Suisse has poached John Heagerty from Royal Bank of Scotland as insurance analyst for Australia to replace Arjan van Veen, who moved to Hong Kong with the company in a regional role, two people with knowledge of the move said.
DELOITTE TOUCHE TOHMATSU LTD
The company appointed Chris Harvey as the new leader of its global financial services industry group. Harvey has been global head of banking and securities at Deloitte UK since 2008.
BANK OF AMERICA MERRILL LYNCH
Bank of America Merrill Lynch said on Tuesday it has hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, succeeding Antony Hung who is retiring.
The bank's Canadian branch also hired Tim Watson as managing director and head of Canada's energy and power investment banking, based in Calgary. Watson joins from CIBC World Markets.
The bank also said Adrian Mee, Nomura's top European mergers and acquisitions (M&A) banker, will join BoAML as international head of M&A in December.
MORGAN STANLEY
Morgan Stanley, which is rebuilding its asset management unit, has added veteran investor, Sophia Drossos to the division's global macro and asset allocation team.
Drossos, who has been with Morgan Stanley since 2003, has joined the unit as a senior investor. COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Sept 7 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, send an email to moves@thomsonreuters.com.
HSBC
HSBC, Europe's biggest bank, said Stephen Green would step down to become trade and investment minister in Britain's coalition government. A successor was not named.
Green joined HSBC in 1992 and was appointed chief executive in 2003 before taking up the role of chairman in 2006.
BARCLAYS
Barclays said its investment banking supremo Bob Diamond will take over as chief executive from John Varley at the end of March. Varley had indicated that he wanted to move on when he turned 55.
Diamond has been credited with rebuilding its investment bank since joining 14 years ago, earning headline-making bonuses in the process.
CREDIT SUISSE
Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region, replacing Kai Nargolwala less than three years after hiring him from Standard Chartered . Swiss bank Credit Suisse said Abbasi, currently the bank's Asia-Pacific head of equities, will take over his new role on Oct. 1.
Credit Suisse has poached John Heagerty from Royal Bank of Scotland as insurance analyst for Australia to replace Arjan van Veen, who moved to Hong Kong with the company in a regional role, two people with knowledge of the move said.
DELOITTE TOUCHE TOHMATSU LTD
The company appointed Chris Harvey as the new leader of its global financial services industry group. Harvey has been global head of banking and securities at Deloitte UK since 2008.
BANK OF AMERICA MERRILL LYNCH
Bank of America Merrill Lynch said on Tuesday it has hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, succeeding Antony Hung who is retiring.
The bank's Canadian branch also hired Tim Watson as managing director and head of Canada's energy and power investment banking, based in Calgary. Watson joins from CIBC World Markets.
The bank also said Adrian Mee, Nomura's top European mergers and acquisitions (M&A) banker, will join BoAML as international head of M&A in December.
MORGAN STANLEY
Morgan Stanley, which is rebuilding its asset management unit, has added veteran investor, Sophia Drossos to the division's global macro and asset allocation team.
Drossos, who has been with Morgan Stanley since 2003, has joined the unit as a senior investor. COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
