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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
Managing director joined in Paris last week
Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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  • Royal Bank of Scotland has moved its leveraged finance and high yield origination and structuring team out of its investment bank and into its Commercial and Private Banking division, where it will fall inside the ringfence when RBS implements the controversial UK bank segregation rules.
  • The wide-ranging management shake-up at Deutsche Bank is set to continue, after it picked Goldman Sachs partner Alasdair Warren to lead its new corporate and investment banking unit in Europe, the Middle East and Africa.
  • They knew it was coming, but even seasoned bankers at Standard Chartered could not easily shrug off this week’s update from chief executive Bill Winters about the scope and scale of cuts due at the bank.
  • The head of corporate syndicated lending for EMEA and Asia at BBVA retired from the bank on Friday.
  • Peter Bakos has joined the debt finance group at Bank Muscat in Dubai to head its cross border business development.
  • A poor third quarter for Commerzbank’s investment banking division and the announced retirement of its chief executive has done little to spoil the bank’s overall sense of momentum, as it posted better profits than had been widely expected and revealed it would pay its first dividend in eight years.