Deutsche Bank names new CEO to replace outgoing John Cryan
Deutsche Bank has appointed Christian Sewing as its new chief executive officer. Sewing succeeds John Cryan – who will leave the bank at the end of this month

Securitisation lawyer joins Ashurst from rival firm Clifford Chance
International law firm Ashurst has hired Thomas Picton as a securitisation partner in its London securities and derivatives group

Baillie Gifford renames corporate bond fund following PM's retirement
Edinburgh-based Baillie Gifford has announced a name-change for its the Baillie Gifford Corporate Bond Fund, which will now be known as the Baillie Gifford Strategic Bond Fund

Nomura and Investec report 48% gender pay gap
With the deadline for UK companies to publish their gender pay gap reports looming at midnight tonight, a slew of asset management firms have filed reports showing male employees are paid up to 49% more than their female counterparts

Former CQS credit CIO Finch joins Man GLG in top credit role
Man Group has hired Simon Finch as CIO of credit at its Man GLG unit

Former CEO of Ares Europe takes investment advisory role at Triton
The professional, who has also served at LCM Partners, has joined Triton as an investment advisory committee member

CarVal distressed specialist departs after three and a half years in London
Maxime Hennequet has left CarVal Investors after more than three years at the firm, Creditflux has learned

Investec hires former GSAM official to its UK strategic client group
Investec Asset Management has further expanded its UK institutional presence with hire of Alastair Leather, who was previously an executive director at Goldman

DBRS looks to hire to new Frankfurt office
Ratings agency DBRS has strengthened its presence in Europe, opening an office in Frankfurt

Structured credit PM earns promotion as Pimco unveils new managing directors
Structured credit portfolio manager Russell Gannaway is among seven officials to have been promoted to managing director at Pimco

Citi hires UBS's Merran as European ETF credit trading head
Citi has hired former UBS’ Melvyn Merran as European head of credit trading for ETFs, a spokesperson for Citi has confirmed.

Och-Ziff's head of European private credit set to join Carlyle
Carlyle Group has made a high profile hire to its credit team in London

AMP promotes three within infrastructure debt after fundraising success
Global investment manager AMP Capital has promoted three within its UK and US infrastructure debt team, which it says reflects the record growth of its business

Wells Fargo AM looks to build out European private debt arm
Wells Fargo Asset Management is seeking to build out its global presence in the private debt industry by strengthening its European private debt business with a new senior hire, Creditflux has learned 

Search for a new CIO is on as Fidelity International's fixed income head retires
Fidelity International’s fixed income chief investment officer Charles “Chuck” McKenzie is set to retire after four-and-a-half years with the firm

Global law firm appoints credit fund specialist as partner in London
Global law firm Macfarlanes has appointed fund specialist Samuel Brooks to partner within the firm’s investment management team

Amundi appoints fixed income head in Munich
Paris-headquartered asset manager Amundi has appointed Tugrul Kolad as head of fixed income Germany, a spokesperson confirms

ICG names new non-executive director in London
ICG has announced a new hire to its London office: a director with significant experience in the asset management space, including a stint as chair at SVG Capital

SSGA appoints global head of institutional group
State Street Global Advisors has appointed former APAC head Lochiel Crafter as head of its Global Institutional Group. James MacNevin will now take over Crafter's former role 

Madrid bank hires credit specialist from Spanish direct lender
Global investment bank Houlihan Lokey has appointed Ignacio Blaso as managing director in capital markets

KKR appoints new independent director
KKR has appointed French technology entrepreneur Xavier Niel to the Board of Directors of KKR Management

Law firm Reed Smith hires finance funds partner from rival firm
Bronwen Jones, formerly of law firm Macfarlanes, has joined Reed Smith’s financial industry group in London as a partner

London specialist lender names head of underwriting
Iron Bridge Finance, a property development direct lender, has announced the appointment of Gareth Ward as head of underwriting

Man GLG appoints credit portfolio manager
London-headquartered fund manager Man GLG has promoted Andrew Freestone to credit portfolio manager

Tetragon shuts down distressed debt fund amid claims of fundraising struggles
Tetragon Financial Group is shuttering one of its subsidiary’s funds amid claims of troubles with fundraising