Gnodde will run investment banking with current co-heads John S. Weinberg and David Solomon. Gordon Dyal, global head of M&A, will become co-chairman of investment banking with Christopher Cole.
Yoel Zaoui, the firm's London-based EMEA head of the investment banking, becomes co-head of global M&A with Gene Sykes.
In the meantime, Fox Business reports that Citigroup has appointed Kenneth Leung as a Managing Director in China investment banking, the unit's second senior hire in the last 2 months following the appointment of Wei Wei Zhao from Deutsche Bank.
Leung, who was previously at KWG Property Holding Ltd, will be based in Hong Kong and report to Citi's China global banking co-heads Eugene Qian and Rodney Tsang.
And more news is out about HSBC's hiring plans in Asia-Pac. In addition to the 1,000 staff the firm is expected to hire in Asia in the next five years (many in investment banking and wealth management), Bloomberg reports that the bank is now said to be looking to hire up to another 1,000 staff in China in the period, where the focus is likely to be in wealth management.
Finally, Reuters reports that UBS has rehired Adam Frisch, who comes back aboard as an MD in the firm's IT services banking team. Frisch rejoins from Morgan Stanley, and will focus on East Coast technology clients.
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