SocGen hires ex-RBS execution head
Société Générale Corporate
& Investment Banking has hired Brian Curran from Royal Bank of Scotland, to
the newly created position of head of portfolio trading and quantitative
distribution for the UK and northern Europe.
Curran joins SocGen’s equity flow
business having previously been head of equity execution service sales, Europe
RBS said in January that it
planned to shed 3,500 staff, which included the closing of its cash equities business.
Curran also joins Tim Harman,
who joined SocGen earlier this year as a senior sales trader. Harman joined
SocGen following seven years at Nomura, in the bank’s portfolio trading and
delta one equity finance sales trading.
Curran and Harman will report
to Andrew Willis, European deputy head of portfolio, index and exchange-traded
SocGen’s said the two
appointments are part of a continued investment into its global execution
products. The new additions follow the hire of Howard Sherman from Deutsche Bank
last week as head of cash equity trading.