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Bank Strategy

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The bank is reducing its reliance on leveraged finance with big ambitions in M&A and ECM
US independent advisory firm is challenging Goldman Sachs at the top of the UK M&A rankings. Is it individual brilliance or luck?
US broker has opened office in Milan, Stockholm will be next
Suspension of managing partners has shaken the bank — and Germany — to the core
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  • Tim Metzgen is leading a new European debt advisory franchise at Alvarez & Marsal.
  • HSBC has appointed Vinay Raj as head of illiquid credit syndicate, a new structure within the firm's global syndicate operations focused on distributing structured finance, infrastructure, real estate and distressed debt.
  • ABS
    Credit Suisse on Thursday announced the launch of SCALE Aviation, a subsidiary of the bank aiming to boost liquidity in the aircraft industry by providing capital markets financing as well as direct assistance on acquisition, trading and management of aircraft collateral.
  • Morgan Stanley more than doubled its revenue from fixed income sales and trading in the fourth quarter of last year, completing a stellar set of earnings for US banks in that business after a year in which they appear to have cemented their dominance in Europe.
  • Société Générale has redoubled its commitment to equity capital markets under a new structure designed to ensure it remains a force in investment banking when consolidation comes, writes David Rothnie.
  • Houlihan Lokey, the US boutique investment bank, has the ambition to become a serious player in the European ECM advisory market after hiring an MD from Rothschild.