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Mark Wheatcroft, the former head of EMEA debt syndicate at UBS, will join Mizuho International in London in early February as head of debt syndicate, EuroWeek understands.
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UBS swung the axe at its SSA business on Tuesday morning, doing so with little warning and in brutal fashion. At least four SSA bankers were made redundant from the Swiss firm’s debt capital markets desk with people also leaving trading, syndicate and research.
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Conrad Baker has left Deutsche Bank’s MTN team, where he focused on SSA borrowers, to join Nomura as head of SSA syndicate, EuroWeek understands. He will report to syndicate head Nick Dent.
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Jamie Stirling, co-head of Royal Bank of Scotland's frequent borrower group, has left the firm to join BNP Paribas, EuroWeek understands. The move comes alongside another at the French bank, with a senior DCM banker switching to the syndicate side.
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Asif Sherani is joining HSBC's public sector syndicate in London, reporting to PJ Bye, global head of public sector syndicate. Sherani previously worked on the syndicate desk at Royal Bank of Scotland.
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Eksportfinans has reshuffled responsibilities within its funding team as it works to manage its portfolio of around 2,000 outstanding bond issues. Former head of funding Martine Mills Hagen has been appointed executive vice president and director of funding and lending now that Eksportfinans’s activity in these respective departments has dropped sharply after the Norwegian government deprived it of its subsidised export financing scheme in November 2011.