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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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Commonwealth Bank of Australia has hired Cathy Yuncken as head of loan markets to replace George Confos, who was promoted internally.
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HSBC has hired veteran leveraged finance banker Douglas Clarisse to boost its high yield bond business. His appointment as a director comes as the bank consolidates its new global capital financing division, which includes leveraged and acquisition finance.
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Michel Lowy and Soo Cheon Lee, former top distressed debt bankers at Deutsche Bank, opened the doors on their new firm in Hong Kong on Thursday.
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James Nisbet, formerly of VTB Capital and one of the pioneers of trading in emerging market loans, has joined Montrose Partners, the advisory boutique, to help kick start a distressed debt brokerage business.
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Standard Bank cut three bankers from its loans team last week in a sign that the African lender is shifting the focus of its loans business to distribution.
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Citi has hired Barclays Capital’s head of US loan syndicate to work in a similar position. Bill Hughes, who worked at Lehman Brothers in New York until it collapsed and was subsequently bought by Barclays, will join Citi in January as its head of leveraged syndicate for capital markets origination in the Americas, responsible for the loans, junk bonds and emerging markets bond syndicate desks.