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Latest news
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
Key points of contention include the investor sanctions regime and the definition of 'resilience'
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The Loan Syndications and Trading Association held a call for loan market players last Wednesday to revamp a task force that will address the changing market's effects on collateralized loan obligations.
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Morgan Stanley is looking to build out its distressed credit trading group, Colm Kelleher, cfo, said during its earnings call. Bank officials did not return a call for further details.
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Trade Settlement Inc. is building out a platform to process distressed debt trading.
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The Seaport Group has hired four salesmen from the Winter Group.
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New York-based securitized products hedge fund Seer Capital has hired Dave O’Brien as a director to analyze residential mortgage credit.
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The former head of Merrill Lynch’s agency mortgage-backed securities, Trip Mestanas, has joined up with New York-based interdealer voice brokerage Hilliard Farber.
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Kenny Chong, managing director and head of Asia ex-Japan credit trading at Credit Suisse, has exited the firm.
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JPMorgan’s head of credit trading for Asia, Henry Yeung, was reportedly let go from the firm Thursday.
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Tony Pawlowski, managing director in collateralized debt obligation syndication at Deutsche Bank, has left the firm.