Dream Team in the Making

After 20+ years at Citi, Simon Booth has decamped and moves to Deutsche Bank effective September 1st, where he will serve as a Managing Director and Co-head of Deutsche Shipping, Deutsche Bank’s lending arm to the shipping sector. Simon will be based in London and head up Deutsche Shipping alongside Ralf Bedranowsky, who is based in Hamburg where Deutsche Shipping is based.

This move further strengthens Deutsche Bank’s overall shipping sector coverage platform, which includes Craig Fuehrer in New York as the Head of Deutsche Bank’s Investment Banking platform offering capital markets and advisory product experience as well as Justin Yagerman’s equity research platform with approximately 15 shipping companies currently under coverage. For borrowers, Deutsche Shipping’s global presence makes it a one-stop place to shop for financing solutions in both the loan and capital markets. Through it careful focus on long-standing client relationships, consistent risk management and continuously diversified shipping portfolio, Deutsche has not only survived the credit crisis but continues to thrive in these illiquid markets.

Written by: carisk | Categories: Freshly Minted, Market Commentary | June 3rd, 2010 | Add a Comment

Old Face, New Place

Loli Wu, Citi‘s talented ship finance executive is the latest professional to make a career move, as our industry works its way through the current economic turmoil. Mr Wu moves from Citi to BofA Merrill Lynch and Matt Thomson‘s team in NY.

Such moves are not uncommon benefiting the professional, the new employer and even the previous employer who has the chance to reward others working with but just behind the team leader.

More importantly the industry benefits.

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Written by: carisk | Categories: Freshly Minted, Market Commentary | August 13th, 2009 | Add a Comment

Not Just a Warm-up

Prior to the start of the festivities, Teekay Corporation held its successful shareholders meeting. The room was filled with over 100 spectators with another 200 viewing through the webcast. What was extremely interesting to hear from the Teekay delegation was the acknowledgement that they did not recognize many of the people in the room. Fresh blood!

The first session began under cloudy but dry skies an unusual event in New York these days. The room was packed with the audience hoping to glean insights from last year’s deal of the year winners as the architects of the transactions discussed their deals and how they fit in today’s marketplace. The discussion was led by Stephen Peepels of DLA Piper.
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Written by: carisk | Categories: Freshly Minted, Market Commentary | June 25th, 2009 | Add a Comment

Citigroup Promotes Simon Booth

Citigroup has promoted Mr. Simon Booth to Managing Director with responsibilities for Northern Europe. Simon is starting to close in on the veterans in ship finance, having been involved in the industry for almost 20 years. Congratulations to Simon.

Citigroup has promoted Mr. Simon Booth to Managing Director with responsibilities for Northern Europe. Simon is starting to close in on the veterans in ship finance, having been involved in the industry for almost 20 years. Congratulations to Simon.

Written by: carisk | Categories: Company News, Freshly Minted, People & Places | January 13th, 2005 | Add a Comment