People & Markets

  • MUFG hires Barclays’ Ferrario in financials push

    MUFG hires Barclays’ Ferrario in financials push

    Matteo Ferrario is joining MUFG from Barclays, where he led the asset finance origination unit. He will be reunited with John Winter, who joined the Japanese bank earlier this year and will be his boss.

  • Indian NBFCs to look offshore in 2020

    Indian NBFCs to look offshore in 2020

    Indian non-banking financial companies will be forced to wean off from their reliance on the rupee bond market and tap international investors next year amid a liquidity crunch onshore. But with buyers becoming increasingly selective on the kinds of NBFCs they will buy, borrowers should be prepared to pay up.

  • Houlihan’s European expansion rolls on

    Houlihan’s European expansion rolls on

    Houlihan Lokey’s European corporate finance land grab has made its fifth acquisition since 2014, writes David Rothnie, at a time when the fluctuations of the credit cycle may be about to lead to more restructurings.

  • People moves in brief

    People moves in brief

    Giancarlo heads to private sector — Barclays structurer goes to buy side — Danske reorganises DCM

  • Commercial banks lead highly levered LGC financing

    Commercial banks lead highly levered LGC financing

    Commercial banks are in the driving seat for the highly levered financing of Cinven and Astorg’s purchase of testing business LGC Group. Regulatory issues are said to have kept some US banks away from the deal, but others question whether a large revolver commitment had more of an impact.

  • Loans' Libor problems rumble on

    Loans' Libor problems rumble on

    The syndicated loan market’s shift from Libor to risk-free rates has come under further scrutiny. Law firm Dentons released a report on Wednesday that highlights significant parts of the changeover that remain unresolved.