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Specialist moves after 18 years in the market
Banker is moving to Greece as focus grows in connecting its capital markets and banking sector to international investors
Departure follows ABS syndicate losses
Firm is building debt capital markets franchise in multiple directions
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  • Allen Rad has left Royal Bank of Scotland, where he had traded covered bonds since 2008.
  • Royal Bank of Scotland announced the new structure for its European debt capital markets business on Tuesday, following a review since April by Richard Bartlett, its head.
  • Ellison joins Lloyds - Bayview plans CLO push - Nomura hires Steel for EQD - Spire appoints Reynolds CIO
  • Michel Barnier, the outgoing European internal market commissioner, asked the head of the European Banking Authority to chase down banks using allowances to pay their bankers, thereby evading restrictions in the Capital Requirements Directive which are supposed to limit bonuses. Meanwhile, the UK had another hearing at the European Court of Justice to try to strike out the restrictions entirely.
  • Ian Hannam and Neil Passmore’s EM boutique firm Strand Partners has rebranded as Hannam & Partners, folding an existing clutch of businesses together but reaffirming its business strategy.
  • Russia’s VTB Capital has been making headway into Asian debt markets in an effort to keep its fixed income teams in London and Moscow busy during a sanctions enforced shutout from their usual hunting grounds. But even when normality returns the bank will remain committed to its Asian operations, and is hoping for more mandates from Asia — and potentially Africa — later in the year, Andrey Solovyev, global head of DCM at VTB Capital told GlobalCapital Emerging Markets.