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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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The departure of a key southeast Asia banker from a global firm has thrust the region back into the spotlight, with banks battening down the hatches in expectation of a prolonged slump. Recruiters foresee another purge in jobs before the year is out, writes John Loh.
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Funding for small and medium enterprises is everyone’s favourite thing. But unless it makes money, nobody will do it.
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Banca IMI has hired a global loan syndication head to front its new London syndication desk.
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In this round-up, RMB-denominated oil futures are to be open to foreign investors in China, the Brics-backed New Development Bank is to issue its first loan in RMB, and GF International has launched the first ETF based on the MSCI China A International Index in Asia.
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Crédit Agricole has named Atul Sodhi the head of debt origination and advisory for Asia Pacific in a newly created role that will see the amalgamation of loans and bonds origination teams, GlobalCapital Asia understands. The move follows the departure of the French lender’s Asia head of DCM.
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CVC Credit Partners has hired Chris Fowler, a former levfin originator at GE Capital, to give a boost to the firm’s private debt operations.