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  • Barclays has reshuffled the management of its EMEA leveraged finance business, moving one of its co-heads to a chairman role and reallocating the syndicate responsibilities of the other co-head, EuroWeek understands. The moves follow changes earlier this year in Barclays’ debt capital markets, financial institutions and SSA teams, writes Stefanie Linhardt.
  • Barclays has reshuffled the management of its EMEA leveraged finance business, moving one of its co-heads to a chairman role and reallocating the syndicate responsibilities of the other co-head, EuroWeek understands.
  • Bank of America Merrill Lynch has appointed Saba Nazar from Nomura as vice chair of its global financial sponsors group.
  • Marlborough Partners is expanding its leveraged debt advisory business into the Continent with the opening of an office in Germany and the hire of Markus Ehrler. Ehrler, who joins from private equity firm 3i, will lead the Frankfurt office, which will open later this month in a sign that the firm reckons LBO activity in the German-speaking region will soon be on the up, writes Stefanie Linhardt.
  • Robert Lepone, BNP Paribas’s head of distressed and leveraged credit trading, Europe, has left the bank. The decision was by mutual agreement, a market source said. Lepone is not thought to be moving immediately to another role elsewhere.
  • HSBC has hired Omar Faruqui to run its UK financial sponsors business, as part of a continuing expansion of its global banking business.