UK

ING has hired an experienced salesperson to help coordinate the development of its high yield business in London.

Buy and sell side credit traders expressed disappointment on Thursday, after the US Federal Reserve elected to keep interest rates on hold.

Intercontinental Exchange has appointed former UK Conservative Party leader William Hague as chairman of ICE Futures Europe, a multi-asset derivatives exchange.

Pentair, the UK-headquartered maker of fluid and thermal systems, priced a €500m bond in line with initial price thoughts on Monday, after deciding to plough ahead with its funding plans despite a difficult market.

Advisory firm Perella Weinberg Partners has hired a new managing director specialising in consumer finance.

Hastings Group Holdings, the UK car insurance company, announced on Tuesday its plan to float on the London Stock Exchange, issuing about £180m of new shares. The deal will also include a secondary component.

Mizuho International’s European head of high yield credit trading has left the job at the bank and will not be replaced.

Société Générale has appointed a new chief executive officer of SocGen Americas and chosen a new head of global finance for United Kingdom.

Brait, the South African private equity firm listed in Luxembourg and Johannesburg, issued a £350m convertible bond on Friday September 11. A banker at one of the leads said the deal, a true credit instrument, was very unusual for a company of this kind.

It always gives great delight to be the conduit of bankers' warm sentiments for each other - particularly among the market's more outspoken protagonists - and in recent weeks the Ranger has heard some corkers.

Law firm Gibson, Dunn & Crutcher raided rival Herbert Smith Freehills for two London-based equity capital markets partners.

The UK Debt Management Office has hired four banks to run an upcoming syndication of its 2068 inflation linked bond.