Going against the banker fad of setting up independent boutique firms, Felix Rohatyn, regarded as one of the world’s best
corporate advisers, has integrated his own advisory firm into Lehman Brothers and joins the bank as senior adviser.
Zhou Xiaochuan, governor of the People’s Bank of China,
continues to add momentum to the country’s banking reforms and financial restructuring. Initiatives this year include giving the green light to
commercial banks to invest in fixed-income products in overseas financial markets, as well as facilitating the purchase of foreign
currency for several commercial banks.
From private banker to investment banker. Jeremy Palmer has moved from being head of UBS Wealth Management UK, northern and eastern Europe to CEO of UBS Investment Bank in Europe, Middle East and Africa.
