Bank of Scotland merges UK & Euro finance teams

Bank of Scotland Corporate has merged its UK structured finance and acquisition finance teams with its European leveraged finance business to create a single leveraged finance business that will operate on a pan-European basis.

A number of professionals will be recruited to boost the leveraged finance team, bringing the total number of staff working within the new business to more than 100. Iain Purves, former head of the acquisition finance team, has been appointed to head the new business. Stephen Quinn, previously director of acquisition finance, has been appointed as head of leveraged finance for continental Europe with responsibility for the local offices in Paris, Frankfurt, Madrid, Amsterdam and Stockholm. The UK business will be led by a team of four directors, each taking responsibility for a London-based coverage team focusing on the sponsor community.

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• Topics
• Southern Europe