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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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A senior salesperson for high yield bonds, leveraged loans and distressed credit has left Citigroup to join Credit Suisse.
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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.
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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.
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Gianfranco Bisagni has joined the corporate and investment banking division of UniCredit as deputy head, as the bank splits divisional responsibilities in two.
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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.
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Lloyds has added to its recent build-out of its loans team in London with a senior hire in loan sales and distribution.