Financial News presents a round-up of the top hires and job switches in the financial services industry that you may have missed...

Michael Sherwood quits Goldman Sachs role
Michael Sherwood, a Goldman Sachs veteran tipped as potential leader of the Wall Street bank, has stepped down from his role running its business in Europe. Sherwood, currently vice-chairman and co-chief executive officer of Goldman Sachs International, has been with the bank for more than 30 years and is one of London's most high-profile investment bankers. Richard Gnodde, currently co-chief of the international business, will take sole charge. Sherwood, known as 'Woody', will stay at the bank as a senior director, according to an internal memo seen by WSJ City and signed by Lloyd Blankfein, CEO and Gary Cohn, president and COO