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Europe must get to grips with ballooning non-bank financial system
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KfW IPEX-Bank, a wholly-owned subsidiary of KfW, has promoted Christian Bevc to global head of syndications and treasury.
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Danske Bank’s new large corporates and institutions business, headed by Berit Behring, took effect on Monday, with three global client-facing divisions. Loans — grouped with primary and secondary equities and the advisory business — is in a different division from bonds.
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Cairn Capital, the alternative credit asset management firm in which Mediobanca has a majority stake, has agreed a deal to buy and merge with Bybrook Capital.
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In a rare sign that environmental campaigners are having an impact on the financial industry, the burden of financing the Ecuadorian Amazon oil trade has shifted between banks in the past six months. But it is clear the banking industry is supporting the trade in more ways than have yet been uncovered.
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KKR has appointed a new partner to help manage its private credit business.
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Credit Suisse Asset Management (CSAM) has hired a head of origination in its direct lending group, following the firm's multi-billion push into private credit in partnership with Qatar Investment Authority.