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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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Standard & Poor’s today slashed ACA Capital Holding’s rating to CCC from A and placed FGIC on credit watch negative.
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Citigroup in New York has reorganized its structured credit group and named Carey Lathrop, Jeff Perlowitz and Mark Tsesarsky as co-heads in charge of different businesses lines.
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Citigroup today cut a significant portion of its structured credit group, including managing directors Darius Grant in asset-backed securities collateralized debt obligations and Shalabh Mehrish on the CDO syndicate desk.
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Fieldstone Capital, a division of broker-dealer Fieldstone Services, is hiring salesmen.
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BNP Paribas has tapped Olivier Cebelieu to be its new head of acquisition finance and loan structuring.
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Alegra Capital, the Swiss asset manager that focuses on investments in leveraged loan asset-backed securities, has hired Markus Zeender as director of investments.
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Robert Bayer joined Invesco's bank loan team as a v.p, senior credit analyst.
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Steve Sterling, senior managing director, head of high-yield capital markets and loan sales at Bear Stearns, has left the firm.
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Merrill Lynch Capital will be sold to GE, according to an official familiar with the situation.