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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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RBC Capital Markets is beefing up financial sponsors, aiming to boost its European business during 2020, writes David Rothnie. -
Xavier Clement has joined Barclays’ European credit trading business, working under another former Bank of America Merrill Lynch banker.
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RBC Capital Markets has continued the development of its leveraged finance business by hiring Craig Campbell from HSBC.
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HSBC Germany has hired Heiko Mittelhamm as head of M&A for Germany and Austria.
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Damien Loynes has been appointed head of syndicate for Europe, the Middle East and Africa at Crédit Agricole.
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The Financial Stability Board warned on Thursday of growing vulnerabilities in the leveraged loan and CLO markets. Increased leverage, weak covenants and the rise of non-bank lenders have added risk and complexity to the market, according to the global watchdog of the financial system, and the investors don’t have enough visibility on the debt instruments they’re buying.
