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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
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Michael Moravec is set to become head of European leveraged finance syndicate for Barclays Capital in London, transferring from the bank’s New York office.
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David Fewtrell, the longest-serving board member of the Loan Market Association (LMA), has resigned as vice chairman of the trade body to concentrate on his day job at HSBC. He said he leaves it with a "solid structure in place".
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Goldman Sachs has brought one of its most senior US leveraged finance bankers to Europe as part of a reorganisation of the division.
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Calyon has hired Nick Ashby and Jason Bruhl to its high yield team in London. Ashby is a senior trader and Bruhl is working in European high yield sales. Ashby reports to Stephen Lane, head of global credit trading for Europe and Asia. Bruhl reports to Algis Parbacius, global head of debt capital market sales.
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Paul McKenna, head of structured acquisition finance advisory at ING, is understood to be leaving the bank. He was previously head of European leveraged finance before heading the advisory business when it was created in April.
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Richard Madden, head of media at Close Brothers Corporate Finance, is set to take over from Stephen Aulsebrook as chief executive of the UK business.