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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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Europe’s loans bankers have a congested few weeks ahead as borrowers look to close deals before summer breaks, marking a sharp contrast to the steep fall in loan volumes so far this year.
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France’s Korian has amended and extended its bank facility, with the nursing home operator cutting the size to €1bn and a chunky wedge off the margin.
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Sharjah-based United Arab Bank (UAB) has raised a $195m loan from a consortium of local and European banks, as borrowers in the region continue to diversify their portfolios with international lenders.
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South Africa’s Absa Bank is expected to close its loan syndication by the end of this week, as an abundance of liquidity in the loan market, as well as healthy investor appetite for bank debt, causes pricing compression.
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Credit Suisse's head of loan syndicate for north Asia has left the bank.
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Syndicated loans banker Marilyn Fung has left DBS after more than eight years with the Singaporean lender, according to a source close to the situation.
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