Gareth Gore is an associate editor at IFR, where he heads the global people and markets coverage. Since joining the magazine in 2009, he has written extensively on the eurozone crisis, sovereign debt, banking regulation and the international capital markets. He previously worked as a Madrid-based correspondent for Bloomberg, and has also worked for Risk magazine.
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Colin Grassie and Alan Cloete, two of the longest-standing senior bankers at Deutsche Bank with 38 years of service between them at the firm, are to leave as part of the latest management overhaul.
Rich Herman, who took over as sole head of Deutsche Bank’s flagship fixed income and currencies trading business just six months ago, has decided to leave the bank to travel and pursue opportunities outside the industry.
UniCredit has become the latest firm to pull its debt franchises closer together, moving loan syndication into the fold of global capital markets chief Marco Bales, and so bringing bond, loan and equity issuance under the same umbrella for the first time.