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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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US insurer Global Atlantic Financial Group has hired Donald Bobbs as head of credit. -
Former GSO Capital Partners managing director Richard “Dik” Blewitt has joined Kennedy Lewis Investment Management as partner and head of tactical opportunities.
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JP Morgan has taken an $820m writedown on its book of bridge loans, nearly halving its investment banking revenues for the first quarter. However, the bank is not hurrying to exit these positions. Chief executive Jamie Dimon said “a couple” of its bridges could be syndicated this quarter if conditions are supportive.
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Sanlam Investments has been appointed to manage three Tideway Investment Partners funds, and four credit specialists have moved over from Tideway to Sanlam.
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CLO portfolio manager and leveraged credit veteran Gil Tollinchi will depart investment management firm Pretium Partners at the end of April.
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HSBC has overhauled the structure of its global banking business for the second time in as many years in a push to cut costs and bring its commercial and investment banking divisions closer together.
