Latest news
Latest news
Blatter will be lead portfolio manager for BlackRock’s European CLO platform
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
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Galloway is head of the enhanced cash team, which is part of the European cash management desk at BGI in London.
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Citigroup Asset Management plans to launch a floating-rate closed-end fund.
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Maxcor Financial Group, an institutional broker-dealer, is refocusing its business on crossover, high-yield and distressed credits, said Jon Sablowsky, head of high-yield trading and sales at Maxcor.
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Société Générale last Monday launched syndication of a $135 million refinancing for Interstate Operating Co., a subsidiary of Interstate Hotels & Resorts.
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Jim Brophy, corporate salesman at UBS, has been hired by Banc of America Securities, according to Bill Parry, head of U.S. investment-grade sales at BofA. Brophy, who was on vacation last week and could not be reached, will start at BofA next month.
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Waste Services is in talks with its banks to obtain a waiver after violating covenants. The waiver will enable it to access funds from its revolver, which it cannot draw at the moment.
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Fixed-income houses including Morgan Stanley, Credit Suisse First Boston, and J.P. Morgan Securities are planning to execute contingency plans in the face of the upcoming Republican National Convention.
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Harris Nesbitt is in the market with a $170 million refinancing for RC2 Corp.
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David Haynie, an Alt-A trader at Deutsche Bank in New York, starts at Nomura Securities International this week in a similar role.