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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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Standard Bank is in the market for two loans, a $750m deal for Standard Bank of South Africa and a deal for its Kenyan subsidiary, Stanbic Kenya, according to bankers. -
The European Central Bank will publish its leveraged lending guidelines in the next three to six months, firming up the informal guidance it sends to banks directly.
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The head of Oman’s central bank has called for his country's borrowers to embrace capital market funding, with the sovereign widely expected to lead the charge itself with a large bond or sukuk.
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Credit Suisse reported a loss of Sfr6.44bn for the fourth quarter of 2015, as the bank’s restructuring ramped up and it crammed exceptional items into last year’s numbers. Like Deutsche Bank in the third quarter, a chunky goodwill writedown was the main culprit. But the bank also suffered from its exposure to leveraged loans.
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Goldman Sachs has named a new head of its EMEA financing group, which houses primary capital markets, as Jim Esposito switches roles to become chief strategy officer of the securities division.
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Law firm Fried Frank has hired an experienced specialist to set up a European restructuring practice.
