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Influential banker helped shape European levfin market in 35 year career
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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.
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Citi has 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.
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David Bassett, Royal Bank of Scotland’s global head of syndicate, started a sabbatical at the beginning of the week leading to an interim structure being established for the bank’s syndicate and frequent borrower businesses.
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Thierry d’Argent, the high-profile former JPMorgan banker hired by Société Générale last May to revitalise its M&A coverage effort, has been made global head of mergers and acquisitions at the French bank.
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Prudential’s audacious $35bn bid for AIA has shaken-up the once cozy world of FIG advisory. David Rothnie assesses the positions of those involved, from Credit Suisse’s elevation to UBS’s odd absence.
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Bharti Airtel’s $10.7bn all-cash bid for the African mobile-phone operations of Kuwait’s Zain, has investment bankers dreaming of the good old days — the promise of big fees on a trophy M&A deal and the opportunity to prove they are lending again in high-growth markets. David Rothnie reports.