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Bank of America poaches Citi's Regniez to co-head France investment banking

05/04/2021 | 06:06am EDT
FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City

LONDON (Reuters) -Bank of America has snapped up Emmanuel Regniez from Citigroup to co-head its investment banking franchise for France as it seeks to strengthen its network of European hubs after Brexit, according to a memo seen by Reuters.

Regniez will share the investment banking leadership for France with Jerome Morisseau and will work closely with Stephane Courbon and Laurent Vieillevigne - respectively chairman of the bank's corporate and investment banking division for France and vice chairman of investment banking for France.

Regniez has 26 years of investment banking experience having worked for Nomura and Credit Suisse and most recently Citi, where he ran investment banking and sponsor coverage for France.

His move comes as Bank of America is building out its senior team in France to expand its client base in Europe's second biggest M&A market, according to Refinitiv's first quarter data.

Last year it worked with French drugmaker Sanofi on a major deal to sell a stake in Regeneron Pharmaceuticals Inc. valued at more than $11 billion.

(Reporting by Pamela Barbaglia; editing by Jason Neely and Louise Heavens)

By Pamela Barbaglia


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BANK OF AMERICA CORPORATION 0.40% 42.18 Delayed Quote.39.16%
CITIGROUP INC. 0.40% 75.08 Delayed Quote.21.76%
EURO / BRITISH POUND (EUR/GBP) 0.02% 0.86692 Delayed Quote.-2.67%
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