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Executive has worked for the bank since 1998
Bank’s quest to regain its former status in Europe is making headway, after heavy investments
Hire follows senior bankers quitting
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Dagmar Kent Kershaw, former head of ICG's credit business, has joined the board of Axa Investment Managers' listed Volta Fund, which invests largely in CLO equity, alongside risk transfer deals, CLO debt and ABS.
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Bank of America has poached a CLO structurer from JP Morgan to add to its CLO team.
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Barclays has hired Mani Joseph from Goldman Sachs to lead its Asia special situations team.
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Citi has replaced the former head of its EMEA alternative assets group with a promotion from within, Theo Giatrakos, who will work alongside a newly hired chairman, Didier Denat, the former head of corporate banking at Credit Suisse.
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A number of Chinese high yield borrowers that hit the dollar bond market this week have seen mixed responses to their notes in secondary trading, which bankers say is a sign of changing market sentiment and investor response.
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RBC Capital Markets has tapped a CLO director at Citi to lead its CLO structuring desk.