Cullinan gets more capital

13 Jan 2006

HSBC has made two appointments to its credit arbitrage business, specialising in ABS investments. The bank's structured investment vehicle Cullinan Finance, which began issuing in September, now has $8.5bn of assets.

It also manages Solitaire Funding, a $9.1bn arbitrage conduit.

Mo Siddique will run the bank portfolio for the SIV. ...

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