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Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
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
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  • Natixis has reorganised its global project finance business, which will be led by Benjamin Sirgue. The division will be based on four regions and will be supported by several sector teams.
  • 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.
  • 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".
  • Goldman Sachs has brought one of its most senior US leveraged finance bankers to Europe as part of a reorganisation of the division.
  • 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.
  • 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.