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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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Five years ago, BNP Paribas’ CEEMEA business was on shaky ground. It had just been fined $8.9bn by the US Justice Department for evading sanctions on Sudan, Cuba and Iran and hit by a dollar trading ban on parts of the oil and gas business. Today, its bond origination effort in the region looks very different, but Alex Karolev, head of CEEMEA bond syndicate, and Alexis Taffin de Tilques, head of CEEMEA DCM, argue that the bank’s selectiveness has made it stronger.
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Crisis-hit countries that go through a painful debt restructuring programme as part of a bailout enjoy much steeper cuts in their medium-term debt, according to an independent analysis of International Monetary Fund rescue programmes.
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ING has appointed a new branch manager of Singapore, replacing Catherine Low who has taken on a different position at the bank.
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Goldman Sachs has rejigged the senior leadership of its Asia ex-Japan mergers and acquisition team, according to internal memos seen by GlobalCapital Asia.
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Nick Villiers has a new job leading a sustainable finance hub at Cambridge University. He was previously at Credit Suisse.
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Eddie Wong, a director of loan syndications, has left ING after over a year.