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Vivo Energy, the pan-African fuel distributor, has added Numis Securities to its corporate broking roster.
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A trade in Orpéa that mixed an auctioned block trade with a wall-crossing process left equity capital markets players bristling this week. But while some bankers disliked the method of bank selection, others told Sam Kerr and Aidan Gregory that the process worked for the issuer and investors.
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UBS’s investment bank spent around $80m from restructuring related to personnel at the end of last year. The Swiss bank has also said it will look into partnerships with other banks for its investment bank.
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Investec continues to grow its corporate broking franchise, adding a FTSE 250 bank to its register of London-listed clients.
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Bayside Capital, the branch of private equity firm HIG Capital that invests in special situations and distressed debt, has appointed Florian Kawohl as a managing director.
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Marco Acaia has joined Nomura as a managing director in the consumer and retail coverage team.