FT People: Financial Services Latest moves: JPMorgan diaspora, Wells Fargo, Credit Suisse, Goldman © FT montage; Bloomberg; Getty Images The $5tn diaspora: Dimon’s lieutenants take top rolesJPMorgan Chase alumni flex the network as Scharf moves to Wells Fargo Wells Fargo poaches BNY Mellon chief Scharf for top jobFormer Visa boss to take reins following tumultuous period for US lender Goldman Sachs names new Asia M&A chiefsTMT group co-heads Raghav Maliah and Jung Min to take up role as regional scene shifts Martin Gilbert to leave Standard Life Aberdeen next yearFund management veteran will not seek re-election as vice-chair in May Danske poaches CFO from Commerzbank in shake-upStephan Engels joins from German lender as Nordea Bank also appoints new chief executive JPMorgan’s finance chief to make debut before investorsJenn Piepszak is seen as a possible heir to bank boss Jamie Dimon after quick but quiet rise More from this Series Deutsche Bank adds ex-UBS executive Jürg Zeltner to boardTroubled lender has embarked on a radical overhaul to reduce its reliance on trading HSBC: the bank in need of a ‘superhero’ chief executiveJohn Flint ousted from top job as the sprawling lender’s challenges multiplied Wells Fargo creates new role to improve complianceExecutive will oversee improvements demanded by regulators after fake accounts scandal Danske Bank picks former ABN Amro executive as new chiefDanish lender appoints Chris Vogelzang, who has not held a top role for past 2 years JPMorgan’s financial chief Lake takes operating roleSwitch to run consumer lending and cards units improves claim to succeed Jamie Dimon Aviva chief Maurice Tulloch reboots UK insurer’s management teamRival for top role Andy Briggs to leave position as head of UK insurance McEwan to step down as RBS chief executiveUK lender launches search for successor to New Zealander with Alison Rose in pole position Hong Kong brokerage CLSA names new chief after defectionsRichard Gould appointed to top job after several senior staff members exited Citigroup investment bank head Jamie Forese to exitManagement shake-up comes as US banks face potential decline in trading revenues Wells Fargo launches hunt for a ‘saviour CEO’Potential contenders emerge to run $2tn bank after abrupt departure of Sloan Goldman Sachs’ Marcus product chief quitsFormer Facebook executive Michael Cerda joined the bank just two years ago Morgan Stanley’s number two executive steps downColm Kelleher’s successor as president will become heir apparent to chief James Gorman Tim Sloan steps down as Wells Fargo chief executiveBanker struggled to contain scandals that led to calls in Congress for his departure Paul Achleitner: Deutsche’s chairman in the eye of a stormThe 62-year-old has been haunted by a vision of a German banking champion for decades Amigo CEO to step down for health reasonsEx-BrightHouse boss to take over in summer Meet the people who will decide Deutsche Bank’s fate PremiumCan a merger save Germany’s largest lender? Who will pull the trigger? Deutsche hires ex-FIG head’s firm for Commerzbank dealNew York-based advisory group Centerview Partners to assist in merger discussions Credit Suisse CEO pay rises 30% despite shares fallTidjane Thiam awarded $12.8m in 2018 after Swiss bank returns to profit Network names ex-Worldpay boss as chairman ahead of IPORon Kalifa to lead Dubai-based payments group as it aims for listing with $3bn valuation Ariane de Rothschild challenges Swiss conservatismFirst woman to run a Rothschild company in 200 years has been shaking things up New Aviva chief Tulloch seeks to ‘re-energise’ insurerCompany veteran says group ‘only scratching the surface’ of its potential Blackstone slaps golden handcuffs on Bennett GoodmanSweetened deal comes after other original GSO partners have left the credit unit KKR hires Goldman’s Asian investment bank chairmanKate Richdale to help group with government relations, fundraising and dealmaking Andrea Orcel rejects advisory role at SantanderSpanish bank’s executive chairman Ana Botín presented role as peace offering Weijian Shan’s journey from Mao’s revolution to US high finance‘Out of the Gobi’ recalls a harrowing time in China’s recent history Aviva appoints company veteran as chief executiveChoice of Maurice Tulloch likely to herald further changes at top of insurance group Barclays’ Gerry Grimstone to step down in February UK insurer Direct Line appoints Penny James as chiefReplacement for Paul Geddes will take the reins in May but faces a series of challenges David Rowland, former Lloyd’s chairman, 1933-2019Insurance veteran credited with saving London market during existential crisis Goldman Sachs’ Asia-Pacific chief Ken Hitchner to retireLatest senior change comes as bank is mired in 1MDB scandal EY names Carmine Di Sibio as global chairmanAppointment comes as global audit market suffers series of high-profile scandals How Santander’s ditching of Orcel stunned industryTop investment banker’s transition to retail lending was troubled from the start Bob Diamond steps down as chairman of Atlas MaraInvestment vehicle founded by former Barclays chief undertakes strategic review Lloyd’s of London taps Allianz executive as finance chiefBurkhard Keese named CFO in first major move by boss John Neal BMO poaches Kristi Mitchem from Wells Fargo Morgan Stanley boosted Gorman’s pay by 7% in 2018Board rewards the chief’s ‘outstanding individual performance’ Jamie Dimon’s pay package totals $31m in 2018JPMorgan Chase boss receives a 5% increase from previous year Senior Goldman fixed income executive to retire in March Investors hope new chief will rejuvenate AvivaCompany’s new boss will have to convince shareholders that insurer can grow French ex-central banker joins board of UK fintech SetlChristian Noyer is latest high-profile appointment for blockchain group Swiss Re appoints former governor of listed bank to chair ReAssureArchie Kane to become non-executive chair of UK life insurance business Banking start-up Monzo to name industry veteran Gary Hoffman as chairman Citi appoints veteran banker as new Emea chief Lloyd’s of London picks top team for post-Brexit Brussels base London Stock Exchange and TP ICAP name new chairmenDon Robert to take over at exchange in May and broker appoints veteran trading executive FT PeopleGuide to the individuals who influence business, finance and public affairs around the world
