Bloomberg News reports that Mylchreest is taking the post after Laurie Coben, previously the co-head, decided to leave the firm after 21 years, according to an internal memo obtained by Bloomberg News.
In the meantime, Bloomberg also reports that Societe Generale is building onto its new U.S. unit for bonds backed by commercial mortgages with an asset-backed securities team to be led by veterans from Royal Bank of Scotland.
Finally, Bloomberg reports that UBS has appointed David Slade as global co-head of leveraged finance as Switzerland’s biggest bank continues a spate of top hires, according to people with knowledge of the matter.
Slade, who worked at Nordic private-equity firm EQT Partners, will be based in London, said the people, who asked not to be identified because the talks are private. At UBS, he will lead the leveraged finance business alongside Francisco Pinto and Brendan Dillon, they said.