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When staff complain, they deserve a fair hearing, not a wall of silence
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
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  • Bank of America Merrill Lynch has added Gonzalo Isaacs to its Latin America team to head syndications. Isaacs should join next month as managing director in the investment grade loan syndication group covering Latin America. Isaacs joins from BNP Paribas, where he had been a managing executive director.
  • Credit Suisse has hired Stephen Snizek, a senior loan trader from HSBC, who is joining as managing director and co-head of par loan trading in the European syndicated loan group.
  • ING has hired Kim Bailes as senior sales director in its syndicated finance team. She will report to Edward Brown, global head of sales and syndicated finance.
  • Morgan Stanley has hired ex-HSBC banker Dan Toscano as co-head of global leveraged and acquisition finance in New York. He will head the group along with Gene Martin and will report to Raj Dhanda, head of global capital markets.
  • RBS Securities has hired John Sullivan as a managing director in its loan markets origination team within its global banking and markets division in the Americas, as the bank continues to build its debt origination and syndicate group in the region.
  • Declan McGrath, head of credit markets for the Middle East at Royal Bank of Scotland since 2008 and one of the syndicated loan market’s best known figures, has taken on a new job in South Africa. He will be responsible for all investment banking operations in the country, and will focus on cross-border deals.