Colin Banfield leaves Nomura for Citi

Colin Banfield has become the latest senior-level resignation from Nomura in Asia. He is leaving to head mergers and acquisitions for Asia-Pacific at Citi, where he becomes the third head of MA in three years.

The departure follows Banfield's recent promotion to joint head of investment banking for Asia ex-Japan at Nomura, a position left vacant by the transfer of Glenn Schiffman to Wall Street to head investment banking for the Americas. Banfield's exit leaves joint head Patrick Schmitz-Morkramer, who moved from Europe this year for his first stint in Asia, in sole charge of investment banking for Asia ex-Japan. Banfield had not yet relinquished the head of MA portfolio so...