British bank Barclays has named Katherine Lau as head of its loan syndication team in Asia Pacific, at what may be a pivotal point for the loan market in the region.
Loan volume across Asia Pacific ex-Japan totalled $175.9 billion during the first six months of 2013, the lowest volume for the first half of the year since 2010, as companies flocked to bond markets to lock in historically cheap interest rates instead. However, long-term rates have been climbing since the US Federal Reserve said in May that it might taper its bond-buying programme in the coming months.
Based in Hong Kong, Lau will report directly to...
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