Deutsche Bank has hired a JP Morgan executive director to co-head its Latin American debt capital markets team.
Andre Silva joins as a managing director, and will work alongside Alberto Ardura, who also co-heads the Latin America debt team. Silva will be based in New York. At JP Morgan, Silva was responsible for debt capital markets transactions for Brazilian companies.
Prior to JP Morgan, he was an executive director in the Latin American investment banking division at Morgan Stanley in Brazil.
Elsewhere, two former Deutsche Bank heads have launched their own boutique investment bank. Michel Lowy and Soo Cheon Lee were heads of Deutsche’s Asian distressed products group until March this year.
They have now formed SC Lowy Financial Services, which will focus on trading and advisory services for distressed debt investments in Asia. The new firm is headquartered in Hong Kong, with plans to open offices in Japan and Australia. Lowy and Lee hope to branch out to emerging markets and Europe.
More on People
Head of clearing and risk understood to be moving into private practice
Dealer rejigs multi-asset group management with internal promotions
Gérardin replaces Papiasse, who stays, but focuses on "remediation plan"
Former SG Asia sales head Nicolas Reille joins Natixis in Hong Kong
Loomis Sayles vice-chairman discusses the US credit markets
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
The European securitisation markets were among the hardest hit by the financial crisis: large losses on a range of securitised products led to a drop-off in investor demand, while prohibitive spreads made...
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.