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Citigroup taps JP Morgan executive for technology role

  BLoomberg Citigroup Inc. hired Gavin Michael from JPMorgan Chase & Co. to oversee technology for its consumer bank. Michael replaces Mark Torkos, who retired in July, New York-based Citigroup said Tuesday in an e-mailed statement. He starts Nov. 14 and will report to Stephen Bird, chief executive officer of the global consumer bank, according to the statement. Michael, who ...

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JPMorgan hires Sakagami as chief Japan equity strategist

  Bloomberg JPMorgan Chase & Co. hired Ryota Sakagami from SMBC Nikko Securities Inc. as its chief Japan equity strategist, filling a position left vacant since Jesper Koll left the U.S. bank last year. Sakagami joined JPMorgan in Tokyo on Wednesday, the brokerage said in an e-mailed statement to Bloomberg. He was ranked first among strategists in the country from ...

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Nomura Americas CEO to get guaranteed pay

  Bloomberg David Findlay, chief executive officer of Nomura Holdings Inc.’s Americas business, received his full compensation for last year as investment bankers took deep cuts, causing frustration and anger across the struggling unit, people familiar with the matter said. Findlay, who has run the New York-based business since 2012, got a guaranteed $5 million package, while dealmakers and advisers ...

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