leveraged finance

Standard Chartered hires Peter Kay from Societe Generale for a newly created role in leveraged finance syndicate.

Seven bankers, including Eric Mason, are laid off by the private equity firm as its leveraged finance practice becomes the latest casualty of the poor credit markets.

Aaron Chow joins as head of event driven syndicate, while David Simons will oversee the merging of the bank's syndicated finance team into the leveraged and acquisition finance division.

Peter Szekely and Ponty Singh are let go as part of a global drive to cut costs and as leveraged finance transactions slow to a trickle. Meanwhile, Lehman Brothers trims its headcount, but impact on Asia not yet known.

The bank transfers Anthony Yap from London to Hong Kong as it builds its capabilities in the region.

Jeff Bennett will relocate from London to Hong Kong to assume the newly created position.

Eric Mason, the man behind Carlyle's leveraged finance activities in the region, says the subprime crisis is having a limited impact on the firm's plans.

Ostheim becomes head of acquisition and leveraged finance in the region, filling a vacancy left by the departure of Christophe Cerisier.

The Dutch bank transfers the head of its multinational clients division in Singapore to the United Arab Emirates where he will lead the private banking business.