SG adds to fledgling high-yield arm

SG Corporate and Investment Banking has hired two senior bankers for its European high-yield debt team just a week after unveiling former BNP Paribas banker Tanneguy de Carné as head of high-yield capital markets.

SG is one of around a dozen banks trying to move into the high-yield debt market despite recent signs that the boom in the sector is over.

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