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Firm is building debt capital markets franchise in multiple directions
Specialist with over 20 years’ experience hired for new role
Banker moves to bigger EMEA bond house after four years
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UK law makes it tough for authorities to prosecute banks over Libor manipulation, so individuals look set to bear the brunt of the criminal investigations, with the first successful prosecution handing former UBS and Citi trader Tom Hayes 14 years in prison.
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UBS is breathing new life into its European leveraged finance operations, hiring a new head of origination to ready the troops for the fourth quarter — the first big hire in Europe for David Slade, who joined to run the team in April. -
Jefferies has boosted its high yield trading business in London with the hire of a senior trader from Societe Generale.
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Credit Suisse has moved fast to appoint a director in high yield sales at its London office after the retirement from the business of long-serving Emma Balaam.
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ICG, the specialist asset manager, has made a new addition to its US investment team, according to a company press release.
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Royal Bank of Scotland (RBS) has made its Singapore and Hong Kong bond teams redundant as it continues to carry out a restructuring that will substantially reduce its presence in Asia.
