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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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Is Bank of America making yet another charge at the European capital markets? It would certainly seem that way with the bank hiring two new bankers this week to help restock its European high grade debt capital markets and leveraged finance capital markets businesses.
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The 40 banks that responded to a consultation set up by the British Bankers’ Association into its dollar Libor benchmarks — widely criticised just a few months ago — requested few significant new changes, the organisation reported this week.
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Merrill Lynch has appointed Jeff Kaplan as global head of financial sponsors group, one of several jobs newly created as part of a reorganisation of the bank’s leveraged finance division and financial sponsors coverage.
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Standard Bank has hired ex-ABN banker Mark Vincent as global head of loans syndications and sales.
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Dresdner Kleinwort has reshuffled its loan sales and trading team in London, EuroWeek understands.