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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Head of capital markets and advisory leaves
Hire comes from Ares
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HSBC is reorganising its corporate finance coverage and sending the co-head of the business, Peter Enns, to Asia as part of a global revamp under Greg Guyett, the bank’s new global banking boss.
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The loan market still needs “much more work” in shifting away from Libor, as do its derivatives, the Bank of England warned on Monday.
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The Loan Market Association (LMA) is lobbying the European Banking Authority (EBA) for an extension to the proposed June 2020 deadline for the regulator’s implementation of its guidelines on loan origination and monitoring, with the industry body claiming financial institutions need longer to implement the new procedures.
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Eddie Wong, a director of loan syndications, has left ING after over a year.
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First Abu Dhabi Bank's global head of loan capital markets, a veteran in the syndicated loans market, has resigned from the bank after five years in the role.
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Antonio Keglevich will lead a new sustainable finance advisory team at UniCredit, aiming to originate deals across asset classes.