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Banker had been at NatWest for three years
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Avis Budget Group has completed it has completed an offering of $650 million of asset-backed bonds with a weighted average interest rate of 3.5%.
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BNY Mellon is said to be looking to sell Alcentra, its loan and high-yield bond unit.
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ABN Amro is planning to slash 2,350 jobs over the next three to four years in its ongoing effort to lower costs and improve its capital position.
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Goldman Sachs has cut the pay of its top-level investment bankers in London in accordance with a provision of their employment contract.
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Germany’s WestLB is looking to sell WestImmo, its property finance unit, by the end of the year, and is optimistic about unloading its corporate and project-finance business as well.
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Thomas Huertas is leaving as head of the international division of the U.K.’s Financial Services Authority to join Ernst & Young, the auditor and consultancy.
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Citadel Securities’ move to shutter its fixed-income sales and trading operations will put in play another band of market pros just as larger firms are laying off.
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Bjoern Bauermeister has rejoined BNP Paribas as an asset-backed and mortgage-backed securities trader in London a year after leaving the firm.
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Italy’s UniCredit and the Swiss UBS are each offering covered bonds.