Bank of America debuffs senior Citi trader as he is pushed to France – fr

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Bank of America debuffs senior Citi trader as he is pushed to France – fr


Bank of America has poached a senior Citigroup negotiator in Paris as it continues to strengthen its presence in the French capital following Brexit.

The bank has appointed Emmanuel Regniez co-head of the investment bank for France, according to an internal note consulted by Financial News. He comes from Citigroup where he was responsible for investment banking and financial sponsor coverage for France.

Regniez will work alongside co-director Jerome Morisseau, who was promoted to head of his French investment bank in February last year. The memo, from Matt Cannon, head of investment banking Europe, Middle East and Africa at Bank of America, states that Regniez will build on the “success of our French investment banking franchise, which has experienced a increased activity and strong momentum over the past year ”.
Bank of America has bolstered its team of dealmakers and traders in Paris following the UK’s exit from the European Union, having chosen the French capital as the hub of its market activities after Brexit. The bank has also created an investment banking team in the EU and has moved a number of negotiators from London to Paris in recent years.

LIS Bank of America appoints Vicario as new leader of post-Brexit hub in Dublin

Fernando Vicario, who previously headed the EU’s investment banking team, moved to Dublin in October to run his post-Brexit hub in the city, where he employs around 800 people, mostly in support functions.

Regniez will work closely with other senior members of Bank of America’s investment banking team in France, including Stéphane Courbon, president of corporate and investment banking in the country and Laurent Vieillevigne, vice- president of the investment bank for France.

He joined Citigroup in 2015, having held leadership positions at Nomura, Lehman Brothers and Credit Suisse in London and Paris.

To contact the author of this story with comments or news, email Paul Clarke

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