Mitsubishi UFJ Financial Group (MUFG) hired Garret Rowan as head of its leveraged loan trading group and Mike Macchia as a salesperson in leveraged finance sales. Both will be based in New York.
Ray Barretto joined Mitsubishi UFJ Financial Group as a director and head ABS trader. Based in New York, Barretto will report to Michael McCarthy, head of macro trading.
Yezdan Badrakhan will join Mitsubishi UFJ Financial Group (MUFG) as managing director and head of U.S. esoteric asset-backed securities. Badrakhan previously launched Morgan Stanley’s structured products capital markets transportation business.
According to the annual outlook from Mitsubishi UFJ Financial Group’s capital markets team, corporates have embarked on a “feverish pace” of capital-expenditure investment and strategic activity in response to a rapidly evolving landscape.
The U.S. economy is moving from a post-reopening boom phase toward a moderating period, which, depending on policy prescription, may end up feeling like a mid-cycle slowdown in the second half of 2022, according to Mitsubishi UFJ Financial Group.
Jess Sodaski joined Mitsubishi UFJ Financial Group as managing director and head of investment grade credit sales. Sodaski will be responsible for leading MUFG’s investment grade sales strategy across the United States.
Mitsubishi UFJ Financial Group hired Kimberly Boulmetis as a managing director and head of U.S. financial institutions for its debt capital markets group. Boulmetis has 25 years of experience covering the capital markets and financial institutions.
Mitsubishi UFJ Financial Group named Raymond Fattell head of transaction banking in the Americas. Fattell will assume the role on Dec. 1 from Ranjana Clark, who had served in the position since 2013 but now will be the fully dedicated head of global transaction banking.
With rising commodity prices, workforce shortages and higher expenditures to attract labor, the restaurant industry will face continued margin contraction and, consequently, lower M&A volume in Q1/22, according to Mitsubishi UFJ Financial Group’s restaurant finance group.
Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender.