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Bank of America Merrill Lynch has hired Arshad Ghafur, previously with Nomura, as the country executive for its Middle East and North Africa unit, the U.S. bank said in a statement on Thursday.

Reuters reports that Ghafur, who will start the new role in March 2013, will replace Phil Southwell who left the bank recently following an overhaul of the lender's regional banking operations.

The news agency also reports that Credit Suisse is to move its Moscow investment banking advisory operation to London as part of a cost-cutting drive, a source familiar with the matter said, as a dearth of deals pushes foreign bankers away from the Russian capital.

And Reuters also reports that HSBC has named a new CEO for its private banking arm to take over from Krishna Patel who is resigning from the role he has had since September 2011.

Peter Boyles, the bank's CEO for Continental Europe since 2010, was on Wednesday named by the bank as the new head of HSBC Private Bank.

Bloomberg reports that JPMorgan Chase has named Mark O’Donovan corporate controller, succeeding Shannon Warren.

Reuters reports that Man Group has hired hedge fund industry veteran John Rohal to head up its North America business, as the embattled fund firm tries to beef up its presence in the world's biggest hedge fund market.

Bloomberg reports that Nomura has named Kenji Kimura global head of mergers and acquisitions as Piero Novelli leaves the firm.

Novelli, who has been co-head of global M&A, is departing to “pursue other interests,” Nomura said in a November staff memo obtained by Bloomberg News and confirmed by a bank official in London. He used to share the job with Kentaro Okuda, who became head of investment banking earlier this year.

Finally, Reuters reports that UBS said earlier this week that SAP executive Hubertus Kuelps will take over as communications and branding head on Jan. 1, the second high-profile move in the unit in a month.

BofA names Nomura's Ghafur as MENA head

C.Suisse moves Russia investment banking dept to London

HSBC names new private banking chief

JPMorgan Appoints Mark O’Donovan to Be Corporate Controller

Hedge fund firm Man Group hires Rohal in U.S. push

Nomura Names Kimura Global Head of M&A as Novelli Leaves

UBS hires SAP's Kuelps as communications, branding head

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