Deutsche Bank is planning to promote its North American equities chief, Thomas Patrick, to oversee the banks global stock-financing and trading business, according to people familiar with the matter. He will report to Garth Ritchie, who had held the job until last month when he was elevated to run the companys markets business, which encompasses equities and fixed-income trading. Mr. Patrick, 44 years old, is based in New York. He joined Deutsche Bank in 2012 from Bank of America Merrill Lynch.
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Boutique prime brokerage Global Prime Partners has hired former JP Morgan executive director Tom Wooders as head of sales, broker-dealers and intermediaries. Wooders worked at JP Morgan between October 2007 and July 2014, focused on new business development in the banks global securities unit and latterly within the investor services solutions division, and was most recently with State Street.
Wells Fargo is set to hire former head of futures and options electronic trading at UBS and Jefferies Steve Chivers.Chivers willjoin Wells Fargo Securities in Chicago early next year as co-head of futures electronic trading within the banks global exchange-traded services group
Citigroup is set to hire next year Nat Foster, Deutsche Banks former head of equity derivatives sales.Foster, who left Deutsche late last month according to the FSA Register, is set to join Citigroups over-the-counter clearing, futures and collateral unit in London early next year, according to sources.He becomes thelatest high-profile broker to join thefirm, whichsix weeks ago hired Peter Jaeger to run Asian futures in Singapore.
Jefferies Group hashired Jonathan Joseph from Nomura to lead an emerging-market trading unit with Adam Groothuis, as the Wall Street firm draws on the Japanese banks staff to build out its team, according to a person with knowledge of the moves.Joseph, a managing director in sales at Nomura, and Groothuis, whos led the Tokyo-based firms Latin American credit-trading unit, will begin Dec. 1.
London Stock Exchange Group today announced theappointment of Chris Corrado as Group chief operating officer and Group chief information officer, replacing Antoine Shagoury, who will leave the firm at the end of the year.Corrado joins the Group from MSCI, where he has been a managing director, responsible for technology, data services and program management, CIO/CTO, since 2013. Prior to joining MSCI, Chris held a variety of senior CTO roles in leading banks, including Morgan Stanley, Deutsche Bank, Merrill Lynch and UBS. He has also worked for high growth technology companies as CTO at eBayandCIO at AT&T Wireless.
Greg Ludvik joins RBC Capital Markets as a Director to run THOR Product Management, overseeing the firms flagship DMA offering. Ludvik is a 14-year veteran, with experience running product management across the Lava products for Citi, and running the ColorPalette OMS business for Flextrade.
