Two other executives, Claus Skrumsager and Leo Civitillo, were promoted to global co-heads of debt derivatives.
Additionally, I am pleased to announce that Claus Skrumsager and Leo Civitillo will take on new roles as Global Co-Heads of Debt Derivatives in addition to their existing responsibilities.
Banc of America Securities has hired Paula Dominick as managing director and global head of debt research.
The bank also removed some lower-level executives, including the head of debt markets.
"We're agnostic about how our clients access credit," says Martin Egan, BNP's head of debt origination.
Jon Anda, Morgan Stanley's head of equity, and Walid Chammah, head of debt capital markets, will co-manage the combined unit.
A Morgan Stanley spokesman, Raymond O'Rourke, said that Mr. Chammah would stay in his current job as head of debt capital markets.
ASSOCIATED PRESS Bank of America Executive in Asia Departs | Ashish Malhotra, who recently was promoted to head of debt capital markets for Asia, has left Bank of America Merrill Lynch, according to The Wall Street Journal.
Caroline Siarkiewicz, head of debt advice at the MAS, said: "We know that debt advice works, but currently only one in five people with financial difficulties seek it.
He previously worked at Dresdner Kleinwort Wasserstein as managing director and global head of debt principal finance, asset-backed conduits and securitization.
"The end of the commodity price and associated capex boom means more will probably have to be done to stimulate domestic demand," said Adam Donaldson, head of debt research at Commonwealth Bank of Australia.
