UK

Taylor Maritime Investments, the investment trust focused on the international shipping industry, announced an equity capital raising on Monday, just under two months after pricing its $253.7m IPO on the London Stock Exchange.

Charlotte Weir is leaving Barclays after more than 20 years with the firm, most recently as head of corporate debt capital markets in EMEA, for a job at another bank in London.

European direct lender Pemberton is making a push to sign up wealth and asset managers in a bid to grow the private credit market's investor base.

As it integrates Deutsche Bank's prime brokerage business, BNP Paribas has announced that the head of the unit, Ashley Wilson, will be staying on as global head of prime services.

Credit Suisse has filled six roles in its sustainability strategy, advisory and finance (SSAF) group, headed by Marisa Drew, including a global head of net zero strategy.

The IPO of Bridgepoint Group was set on Monday to be priced at the top of its range — a boon for Europe’s equity capital markets ahead of an expected dip in activity over the summer.

Round Hill Music Royalty Fund, the London-listed investment trust focused on music catalogues, has wrapped up an $86.5m share sale, as the asset class continues to draw in investors.

Learning Technologies Group (LTG), the e-learning and training provider, has completed a 44.3m share sale to part fund its acquisition of GP Strategies.

As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.

NatWest Markets has hired UK rates trader James Bucknall from Deutsche Bank, where he was head of sterling trading.

Limited partners in private credit take a hands-off approach when investing in direct lending funds. But they need to pay attention.

Direct lending funds are known for protecting their investments with leverage covenants, but the investors in these funds — known as limited partners (LPs) — may be overestimating how much protection they give, market sources warned this week. Silas Brown reports.