Christopher Spink covers financial restructuring across Europe, as assistant editor for International Financing Review. He is currently focusing on the Eurozone crisis as well as regulatory developments as part of IFR’s People & Markets team. Previously he wrote about M&A for another Thomson Reuters title Acquisitions Monthly. During his 15 year career Chris has also covered AIM companies and venture capital backed businesses, as head of research and deputy editor at Growth Company Investor. He also wrote best-selling book, "How to invest when you don’t have any money", when he worked at investment website The Motley Fool.
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Bill Winters, the former co-head of investment banking at JP Morgan until he was ousted in 2009, has been appointed chief executive of Standard Chartered. He joins on May 1 and a month later will take over the reins from incumbent Peter Sands, who is retiring after eight years in the
HSBC is coming under pressure to overhaul its struggling investment bank, after bosses were forced to ditch return-on-equity targets following a lacklustre fourth quarter, during which the business plunged into the red for the first time in eight quarters.
Large transactions in the telecoms and healthcare space continue to drive global investment banking fees. Some of the biggest deals last year involved companies in both these sectors, and February has confirmed that this trend remains in place.