People News: Moves at Credit Suisse, Prudential, Goldman, Barclays and Allianz
Daniel Mudd, the former head of Fannie Mae who faces SEC charges, is taking a leave of absence from his role as CEO of Fortress Investment Group. [NY Times]
Credit Suisse named Robin Rankin in New York and Jens Welter in London as lead bankers who counsel companies in the retail and consumer product industries; Tom Davidson and Stuart Smith, both in New York, were named to oversee health-care banking. [Businessweek]
Harvey McGrath plans to step down as chairman of Prudential next year. [WSJ]
Michael Berlinski, who runs the group at Goldman Sachs that caters to private equity firms, is leaving. [NY Times]
Credit Suisse appointed Chris Corson and Todd Sandoz to oversee a new division that will combine the firm’s currency and fixed-income businesses. [Bloomberg]
Allianz Life Insurance promoted Walter White to chief executive, succeeding Gary Bhojwani. [Investment News]
Barclays Wealth added five investment representatives in New York, bringing the firm to 50 total new advisors hired in the Americas this year. [On Wall Street]
Goldman’s head of private banking, Milton Berlinski, retired and was replaced by Pete Lyon. [DealBook]
The investment banking arm of KeyCorp hired Steve Rielly to run loan trading. [Bloomberg]
Denmark’s Danske Bank named chairman Eivind Kolding as CEO. [Wall Street Journal]