Macroeconomic

EFG International makes senior hires

Lukas Ruflin has been appointed deputy CEO of EFG International, returning from EFG Financial Products which he co-founded in 2007. In his new role, he will focus on further development and execution of the firm’s strategy, working closely with CEO Lawrence Howell and his colleagues in the executive committee.

Barclays hires 450 in equity since autumn

Barclays Capital has hired 450 bankers to strengthen its equity business in Europe and Asia since the autumn, as it aims to become a top three player in Europe by 2011. It is 18th in European ECM league tables at present.

GWM expands into Middle East

Global Wealth Management Group (GWM) has announced that Shawn Mofidi has been elected chairman of the wealth management and family office services division of the firm.

JP Morgan banker joins Kremlin

The Russian government has hired one of the country's most influential investment bankers to informally consult state-run companies over acquisitions abroad, according to banking sources.

Middle East news

The Middle East’s bond machine has started rolling this year with major issuance from fixed income darling Saudi Arabia, and analysts reckon the region is set for a decent year in the capital markets.