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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
A slow destruction of misallocated investment is more likely than a sudden stop
Investors confident software fears are overblown
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Macau casino operator MGM China has raised its first unsecured borrowing, joining a handful of companies raising straight loans to replace outstanding secured facilities. Bankers think that plenty more casinos will take a punt on the format. Pan Yue reports.
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Chinese lending to and investment in central and eastern Europe is on the up. China has extended its reach to rival the influence of its western counterparts with its best weapon: money. But many bankers speaking to GlobalCapital this week think the trend is problematic.
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German healthcare company Fresenius has launched a Schuldschein across three tenors.
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More changes for Deutsche — HSBC equities veteran joins HK property developer — Loans banker Fung joins StanChart— Chung to leave Maybank
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The UK’s Peabody Trust has signed a £75m sustainability-linked loan from BNP Paribas, as competition for UK housing association lending ramps up.
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Romain Lanier has joined Perella Weinberg Partners from fellow advisory firm PJT Partners to be a managing director in the European financial restructuring team.
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