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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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MUFG Bank has tapped David Uy as head of project finance for Asia. -
Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.
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The UK’s Financial Conduct Authority on Thursday proposed creating a synthetic Libor for three sterling and yen settings to be used after the benchmark falls out of use at the end of this year. Market participants called the move “incredibly significant”.
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ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.
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The Loan Market Association has launched its own automatic document platform, days after a survey by the industry body found that most of the syndicated loan market wants to use or already uses fintech for documentation.
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HSBC Asset Management has hired an emerging markets debt portfolio manager from APG Asset Management.
