Rupert Henson has left Dutch bank ABN Amro, where he was head of UK equity sales and a near-15-year veteran, a source familiar with the situation said on October 05.
Henson has been replaced by Adrian Hill, who had been running ABN Amro's US equity sales. As at many other banks, ABN Amro's long-only cash equities sales business has been under pressure to make more money, the source said. ABN Amro declined to comment. Its wholesale bank, which includes investment and corporate banking, has gone through a number of rounds of changes over the last year.
In May the bank integrated cash equities trading and research and its equity derivatives business and cut its joint heads of equity sales and research, who had been appointed only a year earlier. This followed a reshuffle of more senior management a month earlier.
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