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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
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  • A number of important bankers have quit Barclays. The exodus follows the departure of Tim Throsby, chief executive of Barclays International and Barclays Bank, and staff receiving their annual bonuses.
  • ICG has hired Zeina Bain, a former managing director from Carlyle’s European buyout team. Bain is joining ICG’s European subordinated debt and equity team.
  • Barclays’ head of private loan sales has quit the bank. GlobalCapital can also reveal that Peter Jurdjevic, the bank’s head of global finance solutions, who we reported is leaving the bank earlier on Wednesday, is joining the Qatar Investment Authority as head of FIG.
  • Aramco’s bond prospectus shows many things, but it makes it clear just how thin the rationale for raising the money is. But at least it helps the investment banks.
  • Broor Spahr van der Hoek is joining Arma Partners, leaving his role at JP Morgan as head of private placements and growth capital business for clients in Europe, the Middle East and Africa. The advisory boutique wants to develop its private capital offering as a complement to M&A services; it sees this form of financing as an increasingly relevant option for firms before they go public or are bought up.
  • Man Group has plucked an investment director from GAM to head up its European private debt business, and lead Man GPM's commercial and real estate debt team.