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Hatzinger had been Agricole's head of loans for Dach
Investment bank, like the group, wants to diversify outside France, and will lead with its strongest suit, real assets
Demand to invest in the low carbon transition is growing fast, but strategies are very diverse
Recruitments in sales and origination are separate but intended to build debt franchise
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BNP Paribas has shaken up its London high yield sales effort with several staff moves, in an efficiency drive and attempt to align cash and derivative coverage more closely.
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Permira Debt Managers has hired David Hirschmann as head of private credit for its direct lending fund.
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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.
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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.