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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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Africa’s Ecobank Transnational, the parent company of the Ecobank Group, has hired the chief executive officer of Citi’s sub-Saharan Africa division to lead its business. -
SC Lowy, the Hong Kong-based investment bank specialising in fixed income, has hired Hussein Nasser as head of European bond trading, with a remit to expand its high yield business.
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European high yield credit has lost a key market-making banker, say sources, as Goldman Sachs has moved a big name trader to its distressed business.
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The United States’ Securities and Exchange Commission has charged Deutsche Bank with filing mis-stated reports for its leveraged super senior trades during the financial crisis.
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When the US Federal Reserve started to regulate leveraged finance in 2013, the news was almost shocking.
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The European leveraged finance market is facing the possibility of being regulated for the first time, after the European Central Bank demanded very detailed information from eurozone banks about their lending practices, writes Ross Lancaster.
