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Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
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Investors who have been pushing banks to clean up their act for years have welcomed the new Principles for Responsible Banking. But the real test will be action, not words
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The next economic downturn will be much more severe than the last financial crisis because firms have twice as much outstanding debt as they did in 2008, said a leading academic this week. -
Nomura’s Cicchine heads for Deutsche — Macquarie finds head for new lending group — Citi promotes ECM bankers.
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Paolo Cicchine will join Deutsche Bank as vice-chairman of global healthcare coverage.
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JP Morgan, Citi and Goldman Sachs kicked off the third quarter results season for investment banks on Tuesday. While debt and equity underwriting revenues grew substantially at JP Morgan compared with the equivalent quarter of last year, they fell at Goldman.
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Macquarie Capital has hired UBS banker Vincent Repaci to head a new asset-based lending group to cover sponsor clients, supporting LBOs, refinancings and restructurings. He joins three other recent senior hires in leveraged credit at the firm.
