The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45m in today's terms from his new employer over the next seven years, according to a regulatory filing.
Morgan Stanley’s infrastructure investment unit plans to seek $4bn for a second global fund, according to two people with knowledge of the matter.
Societe Generale’s Russian consumer-banking unit, OAO Rosbank (ROSB), is cutting hundreds of back office jobs as it continues cost-reduction efforts, two people with knowledge of the matter said.
Stitched up like a kipper ?
Christian Behaghel has been appointed head of Global Transaction Banking and deputy head of Global Transaction & Payment Services at Societe Generale.