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On this basis, it would clearly be in the Philippines' interest to relax its bank secrecy laws in an effort to increase its perceived transparency and willingness to overtly join the global fight against money laundering and criminal syndicated financing.
BHP has lined up syndicated financing to back its bid.
Sung joined CIBC in 1998 as an analyst and has extensive transaction experience across a number of financial products including M&A, high yield debt, syndicated financing, equity and equity-linked transactions.
Citi was the adviser to the consortium on the transaction and is also kicking in $25 billion in syndicated financing for GMAC.
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"This hasn't been the best period for the auto industry," said Bruce Ling, head of syndicated finance at Credit Suisse First Boston, which, together with Citigroup, took the lead on the Exide loan.
Some investment banks may have been selling their portions of the loan soon after it was completed, said Lucine A. Kirchhoff, managing director for syndicated finance research at Banc of America Securities.
Long seen as the father of major syndicated finance, in which groups of banks provide one loan, Zombanakis has watched Libor's descent into disrepute and scandal with incredulity.
Its products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset based lending, real estate finance, public finance, commercial leasing and syndicated finance.
OneWorld, the Seattle syndicate financed by Craig McCaw, dedicated its campaign to the oceans.
Rarely was it mentioned that much of the market for guns comes from violent crime syndicates financed by the war on drugs -- like those who killed Blackie -- and dealers protecting their territories, all of whom buy their arms with profits that, in a world of legalization and regulation, would have gone into schools.
By the late 1980s, Chemical developed its reputation for financing buyouts, building a syndicated leveraged finance business and related advisory businesses under the auspices of pioneering investment banker, Jimmy Lee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com