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Management simplified as former DCM banker joins as co-CEO
Specialist moves after 18 years in the market
Bond market digitisation starts with the paperwork
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Alan Pierce, head of corporate credit trading at BNP Paribas in London, has left the bank, according to external sources.
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Royal Bank of Canada has lost several senior figures from its fixed income and currencies division in London, including European fixed income and currencies head John Greenslade, writes Dan Alderson.
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Mark Wheatcroft, the former head of EMEA debt syndicate at UBS, will join Mizuho International in London in early February as head of debt syndicate, EuroWeek understands.
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Mirabaud Asset Management has hired Andrew Lake to lead its global high yield business. Lake’s appointment follows Mirabaud’s plans to increase its range of funds on offer.
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JP Morgan has created a southeast Asian debt capital markets team and picked one of its co-heads of Asia high yield to run it. Simon Page will move to Singapore take the job, although he will continue to help manage the high yield business in Asia.
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A pair of leveraged finance hires this week signalled the positive sentiment that exists in the sector in spite of deal volumes that remain depressed. Bank of America Merrill Lynch created a new head of origination position within its EMEA levfin business, while law firm Milbank Tweed added a London-based partner, write Olly West and Stefanie Linhardt.