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Long decision process leads to elevation of loan market veteran
Treasury secretary’s speech called for big changes which other countries may not support
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Finastra and Hubx, two UK fintechs, have partnered to create a new syndicated loan tool that the companies claim completely digitises the bookrunning process, as the loan market makes its slow trudge away from manual processes. -
The three global loan associations have launched the Social Loan Principles (SLP), as the ESG finance market expands beyond its environmental roots.
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Riddhi Shah, head of Asia Pacific financing group (AFG) trading at Credit Suisse, has resigned after more than two decades with the Swiss bank.
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A group of BNP Paribas bankers in Spain have jumped ship to join boutique firm Beka Finance, according to market sources. One person familiar with the situation said that the French bank will refill these roles in due course.
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HSBC is relocating the regional head of its leveraged and acquisition finance (LAF) business from Hong Kong to London to help implement its UK strategy.
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Iqbal Nasim, head of financial institutions at ICBC (London), will leave the bank in the middle of April to set up a desk at a smaller Asian lender.
