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New look corporate finance division has merged M&A and sponsor coverage
Private credit lender hires to build impact, capital solutions and NAV strategies
Permanent successor not appointed yet
The hire aims to strengthen the bank's middle market direct lending platform
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Bank of America Merrill Lynch said last week that it had hired Jill Schwartz, the former global head of leveraged finance at Barclays. Schwartz has been named executive vice chairman in the firm’s global corporate and investment banking unit. -
Brexit has been a slow-burning problem for the City of London, but burning it is. Financial markets are regulated. With worse access to Europe, the UK must make itself attractive to financial firms in other ways.
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Credit Suisse has hired Andy Tan, a former United Overseas Bank loans banker, as head of syndicate for Southeast Asia in its Asia Pacific financing group (AFG).
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BNP Paribas is combining its primary and secondary activities in US credit markets under a new Global Credit Markets Americas division, with a new head of leveraged finance joining from Deutsche Bank to bolster the firm’s offering.
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Houlihan Lokey has formed a new US leveraged loan syndication platform, HL Finance, with HPS Investment Partners working alongside the firm to underwrite and syndicate deals of up to $1bn.
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SC Lowy Asset Management has hired William Bishop as senior sourcer for distressed debt in London.
