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People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. In his new role, Fannin will be responsible for innovation and business growth across Northern Trust’s suite of GFX and securities finance solutions.

Banking 52
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On-Cycle Private Equity Recruiting: Will PE Firms Start Recruiting 10-Year-Old Children Soon?

Mergers and Inquisitions

If you want to participate, you must start preparing after you win a return offer from your investment banking internship because PE firms could move up the timeline even earlier. The short answer is that it’s based almost entirely on your university, bank name/group, GPA, and other criteria you have no way to change.