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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Crédit Agricole reorganises loans business amid busy hires and promotions in industry
Head of capital markets and advisory leaves
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BayernLB is consolidating its loan, bond and Schuldschein syndicate desks into one debt finance syndicate. The bank's former head of leasing and securitization will head the new outfit.
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Cairn Capital, the alternative credit asset management firm in which Mediobanca has a majority stake, has agreed a deal to buy and merge with Bybrook Capital.
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The share prices of key subsidiaries of HNA Group took a beating on Monday after the beleaguered Chinese conglomerate announced a bankruptcy restructuring. One of its companies, Hainan Airlines Holding Co, also forecast $10bn of losses for 2020.
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HSBC appoints two within AIBC — Credit Suisse Asset Management hires head of origination in direct lending — Richard Luddington joins Rothschild
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KKR has appointed a new partner to help manage its private credit business.
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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.