by Baz Hiralal
Barclays named Jerry del Missier as chief operating officer, a new role. He leads all operations and information technology activities, including a focus on meeting new regulatory requirements related to resolution planning and ring-fencing.
Banks have until 2019 to meet Basel III capital requirements, the same year the Independent Commission on Banking recommended implementation of its ring-fencing proposals.
Since October 2010, del Missier has been co-CEO of the corporate and investment banking division. Rich Ricci becomes sole chief executive of the division.
In New York, Eric Mendelsohn joined Greenhill & Co. as a managing director, restructuring advisory. Mendelsohn was previously a managing director and a founding member of Lazard's restructuring group. Prior to joining Lazard in 1999, he was with the restructuring group at BT Alex Brown that moved to Lazard and, prior to that, was a fixed-income research analyst at Credit Suisse Group.
Citigroup Inc. will bring in senior trader Bjoern Wiegelmann and credit index trader Nicolas Dujols to its credit trading business. Wiegelmann will come in from Deutsche Bank AG, while Dujols hails from Capula Investment Services, where he was a portfolio manager.
Separately, managing director Kristine Braden was named global subsidiaries group head for Europe, replacing Fernando Iraola. Braden joins the GSG executive committee and works from London. She joined the firm in 1998 and was global banking head in the Philippines since February 2009.
Permira London partner Robin Bell-Jones will move to Hong Kong to lead technology, media and telecommunications in Asia, working closely with Asia co-heads Henry Chen and Alex Emery. Bell-Jones has worked at the private equity firm for more than 10 years in London and Frankfurt.
Former co-heads of Cogent Partners' research business, Bill Farrell and Katita Palamar, launched LP Analyst in Dallas. The firm advises private equity limited partners on portfolio construction, due diligence, risk monitoring, direct- and fund-level valuation, portfolio evaluation and other project-based services.
Edison Investment Research tapped Tom Carless as finance and operations director, a new position. He spent four years as chief financial officer at 7city, a specialist financial training firm. Carless previously spent five years as group finance director at Ovum plc, the ICT research and consulting firm he helped float on AIM before it was bought by Datamonitor Group
Edison also hired analysts Will Forbes and Zsolt Mester. Forbes worked in Credit Suisse Group's oil and gas analyst team prior to similar roles at Arc Asset Management and Millennium Capital Partners. Mester was an equity research associate at Sanford C. Bernstein Ltd., focusing on analyzing Spanish and Italian banks.
CME Group Inc. appointed Sung Hee Hong as executive director, head of Korea. He will report to managing director Julien Le Noble, head of Asia-Pacific.
Hong has worked at the Korea Stock Exchange and the Korea Exchange.
O'Melveny & Myers LLP said entertainment transactions lawyer Lisbeth Savill will join the firm in August as a partner in the entertainment, sports and media practice, based in London. Savill is former head of Olswang LLP's film and television team. She was with Olswang since 1989.
Winston & Strawn LLP said Brinton Scott joined its Shanghai office as a partner, focusing on corporate, intellectual property and employment law matters, including those involving mergers and acquisitions, joint ventures and foreign direct investments. Scott was most recently a partner at Clyde & Co. He will be joined by corporate associates Jerry Liu and Sabrina Yang.
Jeffrey Hovden joined Robins, Kaplan, Miller & Ciresi LLP as a partner in New York in the life sciences and Hatch-Waxman intellectual property litigation group, focusing on generic pharmaceutical patent cases in the biotechnology industry. He was a partner at Wilson , Sonsini, Goodrich & Rosati PC.
Workplace law firm Jackson Lewis LLP named Stephanie Lewis as Greenville, S.C., office managing partner. Partner Ellison McCoy took on Lewis' responsibilities as litigation manager of the office.
Clippings from the next column:
-- Bank of America Merrill Lynch recruits Diego De Giorgi as co-head of global corporate and investment banking for Europe.
-- Wachtell, Lipton, Rosen & Katz's Gavin Solotar joins Greenhill & Co. as a managing director general counsel.
-- Macquarie Group makes more than a dozen hires, including Bank of America Merrill Lynch's Michael Cornette as head of U.S. trading.
-- Northern Trust Corp. appoints Hidehiro Nakayama as representative director and president of Northern Trust Global Investments Japan KK.
-- Brown Brothers Harriman launches a global portfolio strategy research product, lead by Robert Hughes.
-- Louis Godron succeeds Hervé Schricke as chairman of AFIC, which is changing its name to the French Association of Investors for Growth.
Workplace law firm Jackson Lewis LLP named Stephanie Lewis as Greenville, S.C., office managing partner.