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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 Dutch Shell’s £47bn agreed takeover offer for BG Group, the UK gas exploration and production company, will include a £13.1bn cash component. Bank of America Merrill Lynch is the original lender, mandated lead arranger and facility agent on the deal.
  • A managing director covering infrastructure has left UBS's corporate debt capital markets team. The bank's reluctance to lend may have limited its infrastructure finance business compared with firms that deploy more balance sheet.
  • Gianfranco Bisagni has joined the corporate and investment banking division of UniCredit as deputy head, as the bank splits divisional responsibilities in two.
  • The Reserve Bank of India has issued a paper proposing new limits for Indian bank exposure to a single company or to a group of companies under the same parent. The move comes as the RBI is looking to bring the country’s lenders up to speed with guidelines set out by the Bank for International Settlements in April 2014.
  • Lloyds has added to its recent build-out of its loans team in London with a senior hire in loan sales and distribution.
  • Lloyds has made a virtue of necessity. With the UK government as a shareholder, and limited ambitions overseas, the bank was forced to define early exactly what sort of wholesale business it wanted.