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HSBC sees corporate DCM departure in London


Departure follows ABS syndicate losses
Bond market digitisation starts with the paperwork
Banker moves to bigger EMEA bond house after four years
Platform claims it can make documenting bonds much faster
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  • Terranova finds new ground at BNPP — BBVA appoints equity head from Commerz — Czornik joins JPM for German M&A
  • BNP Paribas has hired a banker from SMBC to fill the vacant position of head of US private placements.
  • The Green and Social Bond Principles’ executive committee has decided to leave the Principles unchanged this year, but is publishing three new documents on Thursday to help market participants. It also plans to launch an Advisory Council, to enable it to listen better to the concerns of the market.
  • JP Morgan has hired Patrik Czornik to lead its M&A team for Germany. Czornik used to work for the bank in the past but then joined Goldman Sachs.
  • Sean Tai has left Debtdomain, the company he founded, to start a new venture, according to several sources with knowledge of the situation. Debtdomain is still willing to take on the challenge posed by new digital platforms in the Schuldschein market, according to Tai’s replacement as global head of business development.
  • Fiat Chrysler spent five months trying to seal a deal with Renault — and then ran out of patience in five days. Either the deal is weaker than it looks, or Fiat's John Elkann should take a deep breath, practise smiling and try again.