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Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
Changing one of IB bosses shows what Deutsche values
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Cuts to Royal Bank of Scotland’s US non-agency mortgage business may extend to its collateralised loan obligation syndicate and distressed debt businesses, and may also lead to a “rationalisation” of its agency RMBS trading desks, GlobalCapital understands.
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Robert Wartchow will join Credit Suisse in mid-August in a new role originating and executing loan and high yield transactions, while Dominic Schultens, a director in emerging market loan syndication, has left the bank.
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Robert Wartchow is due to join Credit Suisse in mid-August in a new role originating and executing loan and high yield transactions, as the Swiss house seeks to meet the demands of Europe’s fast-growing leveraged finance market.
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Lowenstein Sandler has hired a lawyer from Seward & Kissel to join its mortgage and structured finance practice group in New York.
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The high yield market in Europe is a rare beacon of employment opportunities in fixed income. As banks jostle for position on the left side of the mandates, they are being forced to boost their rosters to provide the service required. But will it all prove worthwhile?
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High yield bond market bankers are in short supply, as European fixed income houses pin their hopes on the market continuing its extraordinary primary issuance run.