BAML makes senior hire in levfin, stays cautious

BAML 230x150
By Olivier Holmey
26 Jun 2014

Bank of America Merrill Lynch has hired Rahul Srinivasan to its leveraged finance team in London, but is keeping a lean team in the event of a market slowdown, GlobalCapital understands.

The bank is investing in senior staff and the acquisitions part of the high yield business but does not plan to make many more hires, in case issuance volume drops.

By contrast, Credit Suisse has been expanding its leveraged finance team as it expects fast growth in European ...

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