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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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A veteran loan syndications banker at Citi in India is understood to have quit to take up a bigger role in Standard Chartered.
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A senior Hong Kong-based leveraged finance banker has left Bank of America Merrill Lynch, according to two sources.
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Deutsche Bank’s resurrection as a force in capital markets will have to wait a little longer, based on disappointing second quarter figures the bank released on Thursday. Though the bank has rebuilt its capital base and settled many of its legal issues, its investment bank underperformed second quarter numbers from US peers.
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Standard Chartered has beefed up its loan syndications team in Hong Kong, hiring two bankers, according to sources.
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A senior banker involved in distressed debt trading at Bank of America Merrill Lynch has left.
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Paul Cahalan has moved from Deutsche Bank’s leveraged finance desk to head HSBC’s EMEA leveraged finance and acquisition team.