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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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Standard Chartered has restructured its syndicated loans platform, transferring David Kempton from London to Singapore as global head of loan syndicate and distribution.
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ING has cut five people from its Asian syndicated loans and leveraged finance teams in response to a continuing slowdown in activity in the region.
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The Loan Managers Forum will be hosting a carol concert in December, aimed at members of the syndicated loan market, in aid of CLIC Sargent, the children’s cancer charity.
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The former Lehman Brothers heads of European debt capital markets and leveraged finance are set to take up similar positions with Nomura, which acquired parts of the US broker-dealer following its bankruptcy last month.
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The International Accounting Standards Board this week unveiled a string of amendments to International Financial Reporting Standards designed to bring its principles in line with US Generally Accepted Accounting Principles.
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Nomura this week hired more than 150 former Lehman Brothers staff from the US bank’s fixed income division. The hires are within the flow and solutions businesses, strengthening Nomura’s credit, interest rates and foreign exchange teams.