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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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Commerzbank made an unexpected move yesterday evening to accelerate its takeover of Dresdner Kleinwort, which it will purchase at a lower price than the agreed Eu9bn.
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UBS’s head of global leveraged finance for Asia Pacific is to leave the bank by the end of the first quarter next year, as the number of departures from Asia’s leveraged finance market continues to grow.
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The Carlyle Group, the US private equity firm, has axed its six strong Asian leveraged finance team after the global credit crunch crippled its plans to attract investors.
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Richard Howell, previously co-head of the corporate and leveraged finance group at Lehman Brothers, will be joining PAI Partners, the private equity firm, as a partner in January.
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Russell McCormack, Sumitomo Mitsui Banking Corp’s head of leveraged finance for Asia Pacific, has left the bank, becoming the latest departure from the region’s struggling leveraged finance market.
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Sumitomo Mitsui Banking Corp’s head of leveraged finance for Asia Pacific has left, becoming the latest casualty in the region’s struggling leveraged finance market.