People: Bhattal Promoted to COO of Nomura's Wholesale Businesses

Nomura elevates Bhattal to COO of wholesale banking businesses, the first non-Japanese member of executive management board. EMEA chief Sayeed said to resign in response [FT]

Goldman Sachs names strategist Deng head of China ECM, hires Smiley from HSBC as co-head of syndicate for Asia ex-Japan, and moves ECM banker Stockdale from Australia to Hong Kong [WSJ]

BofA said to hire Goldman's Sim for China ECM team [WSJ]

Treasury's debt management chief Ramanathan will leave at end of March, no successor named [Bloomberg News]

Finra enforcement director Susan Merrill will leave, agency is seeking a successor [Investment News]

State Street Global Advisors said to hire Mitchem from BlackRock to head defined contribution business [Pensions & Investments]

Russell Investments CFO Ryan and Chief of Staff Berlan reportedly are leaving the company, the latter to join a New York hedge fund [Pensions & Investments]

Katayama is latest ex-Lehman banker to depart Nomura as 2008 bonus guarantees conclude [Bloomberg News]