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- Adam Dell, a Goldman Sachs partner and head of digital product for the consumer business, has retired from the firm’s partnership
- Kirk McKeown, who led proprietary research at Point72, has left the firm. McKeown, who joined the firm eight years ago and created its Canvas Fundamental Research Group, is leaving to start a data and research company. Matt Dowd has been appointed to head of market intelligence, according to an internal memo seen by Insider.
- Deutsche Bank hired Mark Garcia as a new MD in tech investment banking, the firm told staff in a memo on Tuesday. Garcia was a co-head of semiconductor and electronics investment banking at Citi.
- Schonfeld Strategic Advisors‘ long-time chief investment officer Ryan Tolkin was named CEO, the first one in the firm’s history
- Morgan Stanley has promoted Peter Akwaboah to COO of its tech and operations division. Akwaboah, a managing director, was previously global head of shared services and banking operations.
- Susie Scher, previously a cohead of global financing at Goldman Sachs, was named chairman of the global financing group. Scher is a member of the firm’s partnership committee and its executive committee for the investment-banking division.
- Vivek Bantwal, who was previously the chief operating officer of Goldman Sachs’ global markets division, is returning to the investment bank to assume the role vacated by Scher.
- In Goldman’s global markets division, Will Bousquette will assume the role vacated by Bantwal. Bousquette will become the new COO of the global markets division; he was previously the COO of the investment-banking division and head of the cross-markets group. Bousquette will also join Goldman’s global-markets operating committee.
- Incoming Citigroup CEO Jane Fraser, who will take the reins from Mike Corbat on March 1, has named a new global operating team
- At Citigroup, Sunil Garg, global head of Citi Commercial Bank, will become the next CEO of Citibank
- A pair of Ph.D’s from Harvard are starting their own hedge fund known as The Cake Shop Capital. Harvard Business School professor Lauren Cohen and Harvard Law School research fellow William Powley have set up a website for their new firm.
- Morgan Stanley tapped Bobby Gilja, a 34-year veteran of the firm, as its first-ever head of cloud and architecture.
- Seth Turkeltaub has left Millennium after more than a decade managing money for Izzy Englander to start his own fund. Concentric Capital Strategies will be a Stamford, Conn.-based long-short equity manager, and Morgan Stanley will serve as the prime broker for the new firm, sources tell Insider.
Reed Alexander, Dakin Campbell, Bradley Saacks, Dan DeFrancesco, Carter Johnson, and Shannen Balogh contributed reporting.
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