Europe

Nomura’s Lorenz Altenburg is set to join CaixaBank in January, where he will head the firm’s fixed income syndicate in its recently established Corporate & Institutional Banking (CIB) division.

CYBG may be an ugly name, but it is going to become a familiar one. The Clydesdale and Yorkshire Bank Group will price its IPO on February 2 next year, and begin trading on the London Stock Exchange the same day.

Royal Bank of Scotland has signed up three buyside firms to fund a planned expansion of its UK mid-market private equity origination business. AIG Asset Management, Hermes and M&G are all entering the sector for the first time, and will have privileged access to new originations from the British bank.

ISDA’s Determinations Committee on Friday delayed for the third time making a decision on whether Abengao has triggered a bankruptcy credit event, saying it needed more information.

Fidessa, the UK based financial software and data company, has appointed a former LIFFE sales head to its Europe, Middle East and Africa derivatives business.

American Honda Finance has visited the sterling bond market for a £250m seven year deal, its inaugural offering in the currency.

Unédic and the Province of Quebec on Monday became the first issuers to print in euros since the European Central Bank disappointed market participants at a meeting of its governing council last week.

Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.

Vivalto Santé, the French private health service provider, has announced €228m of loans for its leveraged buyout by Mubadala Development Co, the Abu Dhabi Government owned investment and development company.

General Electric has terminated an agreement to sell its appliance business to Swedish household appliance producer Electrolux, toasting bankers' plans to provide bridge financing.

The loan market will gather in London on Wednesday, December 9, for the Loan Syndicate Manager’s Forum's charity carol service.

Westpac looked to the sterling market for a seven year senior deal on Monday, as the number of redemptions in the UK currency swells towards the end of the year.