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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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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.
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National Bank of Abu Dhabi has added to its capital markets push with two experienced hires to its global syndicated finance and loans agency businesses in Abu Dhabi.
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Morgan Stanley has appointed Kamal Jabre as head of financial sponsors EMEA, in what is expected to be a final move in its reshuffle of senior leadership.
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Kevin Latter has been appointed head of investment banking in South Africa at Bank of American Merrill Lynch.
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GE Capital is understood to be winding up its structured finance operation for Asia as it rethinks its broader presence in the region. It has had a steady stream of departures since late 2014.
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Participants in the leveraged loan and CLO markets could begin to see an improvement in “woeful” settlement times as new technology replaces inefficient and outdated processes.