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Kevin Adeson joins HSBC's corporate, investment banking and markets division as global head of leveraged finance, and Oliver Duff comes aboard as global head of leveraged finance syndicate.
A graduate of Princeton, Mr. Main started with JPMorgan in 1987 in the leveraged finance group.
The bank said it had 33 billion euros ($51 billion) of exposure to leveraged finance.
UBS has named David Juge and Warren Woo joint heads of global leveraged finance.
But now they are being eclipsed by privately arranged loan transactions, especially "leveraged finance" (which carries a similar risk to junk bonds, but involves loans that are not publicly traded).Leveraged finance is growing fast.
Leveraged finance is available again, he says, and warns: "It's very tempting to forget the unintended consequences of radical change".
Later this month, the organization is holding its second-annual benefit geared toward the leveraged finance industry.
On Tuesday, John H. Cobb, the head of Dewey's leveraged finance practice, decamped to Weil, Gotshal & Manges.
Richard E. Farley is a partner in the leveraged finance group of the law firm of Paul Hastings.
Mr. Mcgrath joined Barclays from Goldman Sachs in 2006 and was named head of global leveraged finance in 2010.
Morgan Stanley continued to build its leveraged finance business by hiring two veteran executives from GE Capital, according to a memo on Thursday from Michael Hart, global co-head of the acquisition and leveraged finance group.
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