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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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Direct lending funds have raised more money than ever this year, and are writing ever bigger cheques in the sort of investments usually done by broad syndication. However, in all but a handful of cases, syndicated financing is the better option.
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DNB Markets has hired a banker from UniCredit to join its leveraged finance team in London.
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CIFC, a corporate and structured credit asset manager, has hired two more staff for its European operation, with Anders Samuelsen and Aidan Reynolds joining its investor services team.
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Francesco Bertocchini has joined Nomura from UBI Banca as a managing director for Italy.
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ING and Rabobank choose markets heads — FIG’s Falth leaves UBS — DZ picks covered bonds boss
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A slump in revenue growth during an economic downturn could trigger a change in investors’ risk appetite and a “widespread” sell-off of corporate bonds, the Organisation for Economic Cooperation and Development warned on Thursday.