Morgan Stanley International chief Walid Chammah will retire. [NY Times]
Nomura named Steven Ashley as the new global head of fixed income. [Businessweek]
Longtime partners in Goldman’s securities division Edward Eisler and David Heller are retiring. [DealBook]
Citi’s Rohit Bansal, who was head of distressed debt trading, and Chris Yanney, who led high-yield bond trading, have left the firm. [Bloomberg News]
Lazard named David Kurtz as global head of restructuring. [NY Times]
Pimco relocated its global co-head of emerging markets to Singapore from the U.S. [Bloomberg]
Goldman named James Paradise and Eiji Ueda co-heads of its securities division in Asia. [Businessweek]
UBS Wealth Management Americas hired two financial advisor teams from Morgan Stanley Smith Barney in New Jersey and California. [On Wall Street]
Credit hedge fund firm Oak Hill Advisors named four new partners: Alexandra Jung, Adam Kertzner, Jeffrey Kirt and Thomas Wong will join the six existing partners. [Hedge Fund Net]
Jay Mandelbaum is leaving his position as J.P. Morgan head of strategy and business development, while Barry Zubrow will head corporate regulatory affairs. [DealBook]
J.P. Morgan named Doug Petno chief executive officer of commercial banking. [Bloomberg]
British private equity firm Pamplona hired Brian Ratzan from Vestar Capital Partners to spearhead its expansion in the United States. [NY Times]
Oversea-Chinese Banking named Samuel Tsien as CEO to replace David Conner, who will retire in April after a decade running Singapore’s second-largest lender. [Businessweek]