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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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The development of free trade zones is picking up pace with the Guangdong pilot area expected to open for business as early as March 18 and at least two more to follow soon. The launches come as new measures regulating offshore funding for entities in the Shanghai FTZ are being tested out. -
BNP Paribas has restructured reporting lines on its syndicate desk, including giving one person responsibility for loans, high yield bonds and leveraged finance.
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Investment management group Henderson Global Investors has added to its short but growing list of senior ex-Deutsche Bank credit staff in London with another hire.
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Australia and New Zealand Bank has strengthened its loan syndications team in Hong Kong with a new appointment. The Australian lender is heightening its focus on business out of Asia ex-Japan.
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Barclays’ shares fell 3% on Tuesday to 255p after the bank’s full year results included a £1.25bn provision for FX rigging fines.
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Syndicated loans bankers have welcomed India’s 2015 budget, saying it set the stage for long term growth in the country. However, frustration remains that more was not done to tackle the problems dogging the country’s infrastructure sector.
