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New role includes digital assets
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Head of capital markets and advisory leaves
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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. -
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.
