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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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Dexia has dismantled its London loans syndications business, signalling that the pool of market players is still shrinking as deal flows remain slow. Colin Holdsworth, who was global head of loans syndications in London, is understood to have left the bank last week, although Dexia would not comment on this.
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GE Capital has hired James Fenner as head of capital markets for Europe, the Middle East and Africa, a newly created position.
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Calyon is transferring Dale Summerville from London to Singapore as head of syndicated loan origination for south and southeast Asia, boosting the French bank’s presence in the region.
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Bank of Tokyo-Mitsubishi UFJ has promoted George Yuen to first vice president and head of loan syndications for north-east Asia, as the bank expands its focus on mainland China.
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Barclays Capital has remodelled its syndicated loans business following its acquisition of parts of Lehman Brothers last October and in response to sweeping changes to the bank lending market over the last year.
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Three more London appointments have been confirmed in the newly created loan capital markets division at Commerzbank after its takeover of Dresdner Kleinwort.