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  • FIG
    Citi this week reshuffled its loans team line-up and promoted Ashu Khullar to co-head of loans for Europe, the Middle East and Africa with Richard Basham. They will take on responsibility for emerging market loans, while Paul Simpkin will take sole charge of the leveraged finance and high yield business.
  • FIG
    Adam Gaydon, head of flow syndicate at Société Générale in London, has resigned from the bank to return to his native Australia, EuroWeek understands.
  • Axel Wieandt has resigned as the chief executive of Hypo Real Estate because of differences with Germany’s Financial Market Stabilisation Fund (SoFFin) over the management of the company.
  • Luca Bertalot, head of the European Covered Bond Council, has been appointed deputy secretary general of the European Mortgage Federation.
  • FIG
    The European Central Bank has bowed to the inevitable and reversed its hardline stance on ending the temporary relaxation of its rating criteria for Eurosystem collateral. The move offers a reprieve for Greece and for banks with exposure to the country, as bonds issued by the government faced becoming ineligible when the rating criteria reverted
  • BNP Paribas has reorganised its global debt syndicate, promoting European co-heads Rob Whichello and Fred Zorzi to joint heads of global syndicate.