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Wells Fargo taps Credit Suisse for new senior securities sales trading specialist

The TRADE

Wells Fargo has appointed Jon Thorne as senior securities sales trading specialist, The TRADE can reveal. According to a post on social media, Thorne joins Wells Fargo from Credit Suisse, where he spent 13 and a half years. Most recently, Thorne served as a listed sales trader – a position he held for almost 11 years.

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Lawrence named head of European equities trading at UBS AM

The TRADE

Stuart Lawrence has been appointed head of European equities trading at UBS Asset Management four and a half years after he joined the firm in June 2019. He was most recently head of UK equity trading at UBS Asset Management, having previously served as a high touch equity sales trader at Kepler Cheuvreux.

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People Moves Monday: RBC, UBS, Balyasny Asset Management and more…

The TRADE

RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director. He joined from Luminex where he most recently served as head of sales.

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Pictet Asset Management taps Bloomberg for new equity trader

The TRADE

Pictet Asset Management has appointed Jade Beckmann as an equity trader, The TRADE can reveal Beckmann joins Pictet Asset Management from Bloomberg, where she most recently served as a professional services sales account manager. Beckmann announced her appointment in a social media post.

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People Moves Monday: Balyasny Asset Management, Nasdaq, Instinet and more…

The TRADE

Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. He joined Nasdaq European Markets in its European equities sales team based in London after nearly six years at Citadel Securities.

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Oaktree to pick up Close Brothers Asset Management in £200 million deal

The TRADE

Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals. I am, along with my entire team, extremely excited for our future.

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Deutsche Bank’s head of buy-side solutions sales departs

The TRADE

Stephen Wilkes, the head of buy-side solutions sales and head of securities services at Deutsche Bank, will be departing his role after spending almost 13 years at the bank. For nearly five years, Wilkes served as the head of buy-side solutions sales and head of securities services sales in the EMEA region.

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