UK

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.

A £145m trade on Thursday evening in shares of Aldermore Group, the UK challenger bank, came after the FTSE 250 had fallen 0.8%.

This week produced an encouraging run of equity block trades, with a sprinkling of modestly sized deals on Tuesday, Wednesday and Thursday.

The Euromoney Smaller European Companies Index Series currently comprises 1350 companies across 16 European countries.

British largest off-license chain Conviviality Retail has agreed to buy drinks wholesaler Matthew Clark Holdings with funds from £80m of term loans and a £130m share placing.

Standard Chartered has hired a new syndicate banker for its London desk.

A trio of covered bond issuers offered seven year deals on Monday with Banca Popolare di Milano, Société Générale and Lloyds selling deals from a variety of jurisdictions. While each deal printed with appropriate premiums, the high level of supply has meant that investors were more discerning, resulting in slower bookbuilds.