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Peter Luck has over 25 years of experience at Bank of America and UBS
Investors should feel more confident when BNPL products are regulated like mainstream consumer credit
Ares middle market deal in 2025 was the first CLO incorporated in Luxembourg
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Michelle Neal has left her position as head of US fixed income, currencies and commodities trading at RBC Capital Markets in New York to take a leading role at high tech corporate bond trading platform LedgerEdge.
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Apollo subsidiary Redding Ridge has hired Tom Frangione from Alcentra as it grows its assets under management and the number of CLOs it runs.
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Santander intends to enhance its fixed income offering in the US by buying Amherst Pierpont Securities, a broker-dealer based in New York, for $600m.
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Credit Suisse has filled six roles in its sustainability strategy, advisory and finance (SSAF) group, headed by Marisa Drew, including a global head of net zero strategy.
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The European Central Bank has said it fears many euro area lenders are failing to account for sharp rises in credit risk, which may become apparent once pandemic support measures have come to an end.
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In this round-up, the Chinese central bank releases the first white paper for its digital currency, regulators led by the Cyberspace Administration of China conduct an on-site inspection at Didi Chuxing Technology, and the takeover period of nine financial firms linked to beleaguered conglomerate Tomorrow Holding has been extended.
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