Ashurst hires banker from RBS for senior corporate lending role as Deutsche exits continue

Ashurst has hired RBS’s head of loan capital markets, Dave Rome, as a strategic director.

Rome will join the firm as a strategic director of corporate lending.

Rome is not a lawyer and his role at Ashurst will be focused on developing the firm’s strategy in relation to the syndicated loan market.

In his current role, he manages the team at RBS that is responsible for syndicated loan transactions across the UK and western Europe.

He has spent more than 25 years at RBS in the UK and Europe, and six years in Asia.

Lee Doyle, Ashurst banking head, said: “Dave has been involved in most of the largest international loan markets deals over the last few years and his in-depth understanding of the commercial decision-making processes and risk appetites of a range of participants will be invaluable to clients.”

Rome said: “Bringing my market knowledge and client-facing experience to Ashurst will provide a unique proposition that we are confident will be greatly valued by clients.”

Earlier this week, Ashurst announced that it was creating a new London manging partner position, appointing corporate co-head Simon Beddow to the role.

This followed the appointment of Australia-based banking and finance lawyer Paul Jenkins as its global managing partner.

The firm also appointed two new finance co-heads, London partner Helen Burton and former Sydney managing partner James Marshall.

Meanwhile, Deutsche Bank has seen another senior lawyer exit as James Hooper, the bank’s head of legal for active asset management, has left to join asset management fund J O Hambro Capital Management.

Hambro confirmed that Hooper will join as legal counsel on 6 June.

Earlier this week, the bank’s global head of strategy for legal Emma Slatter handed in her notice after just six months in the role.

She is set to leave the bank later this year to set up as an independent consultant.

Deutsche Bank declined to comment.