People: Penny Zuckerwise to Head Russell's Institutional Investment Business in North America

Russell Investments hires Zuckerwise from Utendahl Capital Management as CEO of Americas institutional business [Russell Investments]

Russell Investments hires O'Keeffe, MSCI Barra's global client service chief, as N.Y. regional director of ETF licensing business. Firm promotes Forbes to oversee ETF business for EMEA region, based in London [Russell Investments]

JPMorgan Chase hires HSBC's Shenglin to lead corporate banking in China [WSJ]

JPMorgan hires Vanderweyen from RBC Dexia as general manager of J.P. Morgan Bank Luxembourg S.A. [JPMorgan Chase]

Commerzbank hires Morgan Stanley's Giesbert as global head of fixed income and currency sales, replacing Werres who came to Commerzbank via Dresdner Bank purchase [Financial News]

Qatalyst Group hires Quattrone's former colleagues Boutros and DiLullo as senior partners. Both were senior technology bankers at Credit Suisse [WSJ]

Deutsche Bank's Sprenger succeeds Lippmann as global head of ABS trading. Lippmann, whose short bets on housing limited Deutsche's losses from crisis, had announced he'll be joining Brettschneider's as-yet-unnamed hedge fund [NY Times]

Greenhill's co-CEO Simon Borrows steps down. Firm names U.S. M&A head Buckalew as head of North American corporate advisory and three others as co-heads of European corporate advisory [Financial News]