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Fahy will also lead asset-based finance origination
Hire comes from law firm, Mayer Brown, where he was also a partner
Managing director joined in Paris last week
Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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  • Marguerite Bérard-Andrieu is leaving BPCE, having been chief executive for a year and a half. The bank's board has appointed François Riahi to replace her, from the new year.
  • Three bankers' jobs are understood to be at risk at Rabobank in London, including one experienced loans banker.
  • The European Banking Authority (EBA) has published a template that banks can use to document non-performing loans as part of its action plan to tackle the problem in Europe. However, sources say that Southern European banks will need more than just a market standard.
  • Mitsubishi UFJ Financial Group has appointed Alice Gastaldi to its leveraged finance division, the bank said on Thursday. She had been working at UniCredit for almost eight years.
  • The European Investment Bank proposed today to European finance ministers to set up a new subsidiary, open to new shareholders, other than the EIB's existing owners, the European Union member states.
  • Yes Bank has dipped its toes into the Japanese Samurai loan market for the first time to raise ¥16.5bn ($150m), placing it among a handful of Indian firms that have tapped into yen liquidity. The move could inspire other Indian financial institutions to follow — provided the pricing advantage holds. John Loh reports.