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New hire spent spent more than a decade at Arnold & Porter
Senior banker will move to Abu Dhabi to take up position
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Plenum Investments, a catastrophe bond fund, is broadening its portfolio to include tier one and tier two debt issued by insurance companies. It is seeking to offer investors a higher risk-return option, and the announcement of the new fund comes at a time when spreads on subordinated insurance debt have widened. -
Jacques Callaghan, formerly of Macquarie Capital, has joined HSBC as head of UK mid-market M&A, concentrating on a wedge of companies that are important to the bank’s new strategy.
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Citi has promoted Prosenjit Saha as head of loan sales for Asia Pacific, a newly created position at the bank.
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Citi has made two senior appointments to its corporate banking business in Asia Pacific.
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Kate Fulton is joining the Federal Housing Finance Agency (FHFA) as chief operating officer as part of the agency's broader restructuring plan announced in January, which aims to prepare the government sponsored enterprises to exit conservatorship.
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Brian Quintenz, one of the Republican commissioners on the US Commodity Futures Trading Commission, has announced that he will not seek another term at the regulator.
