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Changing one of IB bosses shows what Deutsche values
Executive has worked for the bank since 1998
Bank’s quest to regain its former status in Europe is making headway, after heavy investments
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AIIB's Mills Hagen leaves for Opec Fund — Horta Osório to chair Credit Suisse, replaced by Nunn — Mulderrig to head up European debt syndicate at UBS -
Changes to the Volcker rule allowing US CLOs to hold bonds as well as loans ought to survive the shift to a new administration, but market participants will be counting the days and hoping the changes, enacted at the beginning of October, aren’t caught up in a Congressional review.
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Institutional investors are on the verge of a huge opportunity in private debt, as assets migrate out of the banking system, according to Thierry Adant, who joined Newmarket Capital this week as its chief investment officer.
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PGIM has hired Steve Logan as a senior portfolio manager in its European leveraged finance operations.
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US direct lender Owl Rock has hired its first employee in London, as it seeks to develop its business in Europe.
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Law firm Alston & Bird has hired a three person CLO team from Cadwalader, Wickersham & Taft.
