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People: Jefferies Hires Financial Sponsors Banker

Jefferies hires Howe from Credit Suisse for financial sponsors coverage team [Jefferies & Co.]

Madison Williams hires five-person equity sales and trading team led by Zimmer Lucas' Gantcher. All five previously worked at Oppenheimer [BusinessWeek]

Bank of America Merrill Lynch promotes Borthwick and Carnoy to global capital markets co-heads. Hume-Kendall, who was president of global capital markets, is given title of 'chairman' [Bank of America]

Rothschild elevates investment bank co-head Higgins to CEO - the company's first leader from outside the family [Reuters]

BNP Paribas names three new FX electronic trading hires, plans more in Asia and US [Financial News]

Jefferies expands Asia emerging markets fixed-income team, shifting Hartley from London to Singapore and hiring salesmen from Knight Libertas and RBS [Jefferies & Co.]

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.