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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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Citi has reshuffled its capital markets and securitisation divisions, giving bigger jobs to two of its best known bankers, Eirik Winter and David Basra, in an effort to streamline what the bank calls its client-facing businesses.
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Jean-François Balay has been made head of global loan syndications at Calyon following the departure of Carol Shymanski. Balay, previously headed the corporate origination team within the loans business at Calyon, a position he has held since a reshuffle in 2005.
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Bank of Tokyo-Mitsubishi UFJ has hired Kevin Wong as a first vice president in the loan syndications team.
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René de Laigue, global co-head of leveraged and media telecom finance at Société Générale, is set to retire at the end of the month after 33 years at the bank.
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José-Antonio Olano, Société Générale’s former head of loan syndication for Spain and Portugal, has been replaced by Carlos Soriano.
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Cecilia Noronha left BNP Paribas’s Asian loan syndication team last Friday, becoming the latest casualty of the slowdown in the Asian loan market.