In the meantime, Bloomberg also reports that Citigroup has named Peter Orszag chairman of its expanded financial strategy and solutions group while selecting Ajay Khorana and Elinor Hoover to co-lead the unit.
Orszag will take the role in addition to his duties as vice chairman of corporate and investment banking, according to a memo today to the New York-based lender’s employees. The unit, advising clients on strategy, financial decisions and risk- management, still will be known as FSG, which previously stood for financial strategy group, the memo shows.
And Reuters reports that a Goldman Sachs salesman under investigation for possibly passing confidential information about technology companies to hedge funds has left the bank, a spokesman confirmed on Monday.
David Loeb, 42, a managing director based in New York, has never been charged with wrongdoing.
Woolery, who joined JPMorgan in January 2011, will start at Cadwalader on Monday as a deputy chairman, he said in an interview. Woolery previously spent 17 years as an M&A lawyer for Cravath, Swaine & Moore.
Finally, Bloomberg reports that Jacques Chappuis, head of Morgan Stanley’s fund-of-funds business, Alternative Investment Partners, will leave the firm in May to join Carlyle Group.
Chappuis, 43, will run the re-branded Solutions business at Carlyle, the second-largest U.S. private-equity firm, according to a statement today from the Washington-based company. Arthur Lev will replace Chappuis as head of Morgan Stanley’s AIP, according to a memo sent to the bank’s employees.
Bank of America Hires Credit Suisse’s Thiriet for Asia Equities
Citigroup’s Orszag to Oversee Strategy Unit as Chiefs Picked
Goldman managing director in insider trading probe leaves bank
JPMorgan North Americas M&A Head Woolery to Join Cadwalader
Morgan Stanley’s Chappuis Leaves for Carlyle, Lev Takes Role



The Billionaire's Apprentice
The Buy Side: A Wall Street Trader's Tale of Spectacular Excess









