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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
Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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HSBC confirmed that it was sending James Horsburgh, a senior member of its EMEA leveraged finance team, to run the business in Asia, as previously reported in GlobalCapital.
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HSBC is understood to be considering transferring a banker from London to take over leveraged and acquisition finance responsibilities for Asia Pacific. This follows the departures of senior Hong Kong-based bankers from the levfin and sponsor coverage teams last month.
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A Singapore-based banker who worked on south and southeast Asian loan syndications for Sumitomo Mitsui Banking Corp has left, according to a source.
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The European Commission’s expert panel have a suggested a “common roadmap” which will require European member states to change their national laws to push capital markets union (CMU) forward, in a report published on Monday.
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Shareholders and bondholders should pressurise banks to clean up their acts on climate change, sustainable finance experts said this week.
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The Bank of England plans to start later this year examining more closely the banking sector’s exposure to risk from climate change. That means banks will have to start telling the regulator more about the risks they face and how they manage them.