June 10, 2019 / 9:41 AM / 3 months ago

UPDATE-MOVES-Horcicova leaves ING's HY DCM role

(Adds context to Horcicova move)

By Robert Hogg

LONDON, June 7 (IFR) - High yield debt origination banker Iva Horcicova has left ING, according to a source.

Horcicova’s LinkedIn profile showed that she worked at the bank for over five years.

Another source said that Horcicova had resigned in order to take up a position at another financial institution.

Separately, the Dutch bank is cutting more than 35 people in its loan syndication, corporate finance, debt capital markets and money markets businesses, IFR revealed last week.

The cuts will mostly be in London. The bank said it was reviewing activities to make sure they are economically viable as part of its Think Forward strategy.

The changes will see the London-based CEEMEA debt capital markets team combined with Western European corporates to cover corporates, financials and CEEMEA.

ING said it declines to comment on individuals. (Reporting by Robert Hogg, editing by Alex Chambers)

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