Credit Suisse First Boston has promoted a slew of people in its syndicated loan group. Tom Newberry has been appointed global head of the syndicated loan group, having previously been head of U.S. capital markets, according to a CSFB memo. David Miller and Jim Finch will become co-heads of U.S.capital markets, reporting to Newberry, who in turn reports to Don Pollard, Tim O'Hara and Jim Amine. Meanwhile, Bob Franz and Andy Stock will become co-heads of U.S. sales and trading and Barry Zamore, managing director and par trader, will become head of U.S. par loan trading, working with Stock, who was head of par sales. Jed Kelly is taking the role of head of U.S. distressed loan sales.
In Europe, David Slade will become head of the European syndicated loan group with Charlie Bennett and Ted Lowe, co-heads of the European par loan sales and trading business. Michael Guy and Kevin Lydon, who recently joined from Merrill Lynch, will co-head European distressed loan sales and trading.