People & Markets - All Articles

  • People moves in brief — January 29, 2021

    HSBC appoints two within AIBC — Credit Suisse Asset Management hires head of origination in direct lending — Richard Luddington joins Rothschild

    • 28 Jan 2021
  • KKR picks partner for European private credit team

    KKR has appointed a new partner to help manage its private credit business.

    • 27 Jan 2021
  • Onshore yields surge on policy, liquidity concerns

    Chinese domestic bonds plummeted on Tuesday and continued their fall on Wednesday morning, amid growing concerns around recent tight liquidity conditions onshore and a potential tightening in monetary policy.

    • 27 Jan 2021
  • BNP Paribas, CS and ING to cut Amazon oil financing

    Three of the most active banks in financing oil exports from the Ecuadorian Amazon — an environmentally destructive industry with a long track record of trampling on indigenous people’s rights — have agreed to cease important parts of their financial support, after pressure from NGOs and a devastating oil spill in 2020.

    • 25 Jan 2021
  • MPs call on Bank of England to take lead by greening QE

    A cross-party group of UK members of Parliament has written to Andrew Bailey, governor of the Bank of England, calling on the Bank to start greening its quantitative easing and Covid support programmes.

    • 25 Jan 2021
  • People moves in brief: January 21, 2021

    Mark Soriano joins Natixis — Deutsche's Frazer Ross is taking a sabbatical — Fidelity hires private credit team

    • 21 Jan 2021
  • Santander pins corporate finance strategy on ESG

    Santander reckons it can harness the power of hydrogen to boost its standing in corporate and investment banking, building on its ESG credentials in similar way to how rivals built supremacy during the internet boom, writes David Rothnie.

    • 21 Jan 2021
  • RBC promotes from within as Uden retires

    RBC Capital Markets has reorganised its European equity capital markets and corporate broking business following the decision of Darrell Uden to step down at the end of this month.

    • 21 Jan 2021
  • Deutsche’s Ross goes on leave

    Frazer Ross, head of investment grade debt syndicate for Europe, the Middle East and Africa at Deutsche Bank, is taking a sabbatical.

    • 19 Jan 2021
  • Fidelity moves into private credit with team hire

    Fidelity International has hired a team of 10 private credit specialists from MeDirect Bank, in its first foray into European private debt.

    • 19 Jan 2021
  • Six brokerages win top interbank underwriting licence

    For the first time in eight years, China has handed out new lead underwriting licences to securities houses. While the move will help ambitious firms grab a slice of China’s Rmb102tr ($15.7tr) interbank bond market, they are unlikely to pose a big threat to the competition just yet. Addison Gong reports.

    • 19 Jan 2021
  • Afme proposes recapping with equity-like

    Many EU companies could do with capital beyond debt, according to the Association for Financial Markets in Europe (Afme). The trade body, in a report it produced alongside PwC, suggests encouraging the use of equity-adjacent products to fill balance sheet gaps from the coronavirus crisis.

    • 19 Jan 2021
  • Bryson hire reveals SMBC Nikko’s ambitions in EMEA capital markets

    SMBC Nikko wants to grow its capital markets and advisory business in EMEA, which is smaller than its parent’s heft in the loan market. It has hired Anthony Bryson, a former NatWest Markets and BNP Paribas banker, to lead the push.

    • 18 Jan 2021
  • Bryson gets top job at SMBC Nikko

    Anthony Bryson has joined SMBC Nikko Capital Markets as deputy president and head of capital markets and advisory Emea in London.

    • 18 Jan 2021
  • People news in brief

    Natixis promotes DCM bankers — Powell quits IFAD job — NatWest Markets makes Peberdy, Donaldson and Manwaring's positions permanent

    • 14 Jan 2021
  • Politics and Covid fail to dent UK fee pool optimism

    Bankers are betting on a strong year for the UK — Europe’s biggest fee pool — but the overlapping concerns of Brexit, Covid-19 and regulation make for an uncertain outlook, writes David Rothnie.

    • 14 Jan 2021
  • Arbour joins ICG from Palamon Capital

    Intermediate Capital Group, the UK alternative asset manager, has hired Philippe Arbour from Palamon Capital Partner to help further develop its Senior Debt Partners strategy.

    • 12 Jan 2021
  • City waits for divergence, or maybe equivalence

    Anyone who thought the culmination of a trade deal between the EU and UK would provide a shining ray of clarity for financial services as to the level of market access between the two has been proved wrong. Little progress on regulatory equivalence decisions has been made, and while this points the way towards divergence, it is still unclear how exactly the UK would go about this.

    • 12 Jan 2021
  • Kartesia appoints full time head of CSR, ESG

    Specialist private lender Kartesia has appointed a full time head of corporate social responsibility and environmental, social and governance issues.

    • 12 Jan 2021
  • Investec launches debut direct lending fund

    Investec has announced the first close of an inaugural direct lending fund targeting Western Europe’s small cap companies, which Investec believes are underserved by banks and other lenders.

    • 11 Jan 2021
  • Tikehau hires new COO for private debt business

    Alternative asset manager Tikehau Capital has hired a new chief operating officer for its private debt strategy, who will also be responsible for private debt investments in France.

    • 11 Jan 2021
  • Shareholders hit HSBC with fossil fuel motion

    Shareholders in HSBC have filed a motion calling on it to live up to its reputation for sustainable finance by setting targets to reduce fossil fuel financing — an area where investors argue HSBC lags behind some of its rivals.

    • 10 Jan 2021
  • HSBC's Asia ambitions remain after Enns leaves

    HSBC’s aims to boost market share in investment banking and rebalance towards Asia remain intact despite the resignation of one of its most senior lieutenants. But 2021 must be about execution, writes David Rothnie.

    • 07 Jan 2021
  • Créd Ag's Loynes goes global

    Damien Loynes' syndicate responsibilities at Crédit Agricole have been expanded.

    • 06 Jan 2021
  • Crédit Agricole names new global head of MTNs

    Toby Croasdell has been appointed global head of MTNs, private placements and commercial paper at Crédit Agricole, following the promotion of previous head Benjamin Lamberg last month.

    • 06 Jan 2021