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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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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.
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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.