CIBC hires Barclays veteran to expand leveraged finance business

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Explore stories from Atlantic Canada.

- Canadian Imperial Bank of Commerce has hired Brad Aston, a veteran of nearly two decades at Barclays, as the global head of leveraged finance in its capital markets unit, according to a memo seen by Reuters on Tuesday.

The appointment underscores the lender's focus on its leveraged finance business in the United States, it said, at a time when private investment firms are challenging the dominance of banks in the industry.Leveraged loans are targeted at companies looking to do an acquisition, or those that have a high debt load. Private capital firms can be more aggressive in offering such loans, since they are not subjected to the degree of regulation that banks operate under.

Aston, previously the head of industrials and energy leveraged finance at Barclays, will join CIBC in August. CIBC also said it has hired Goldman Sachs alum Vishal Bhalla as managing director of leveraged finance in capital markets.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 45. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

CIBC hires Barclays veteran to expand leveraged finance businessThe appointment underscores the lender's focus on its leveraged finance business in the United States, it said, at a time when private investment firms are...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

CIBC Lands Aston From Barclays for US Leveraged-Finance PushCanadian Imperial Bank of Commerce is bulking up its coverage in leveraged finance, hiring veteran banker Brad Aston from Barclays Plc for its capital-markets business.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »

AI could bring 50 billion euro benefit to Italian companies, Accenture study showsExplore stories from Atlantic Canada.
แหล่ง: SaltWire Network - 🏆 45. / 63 อ่านเพิ่มเติม »