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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
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  • Lloyds Banking Group is said to have reduced the size of its mid-market leveraged finance team by eight members, including managing directors Neale Broadhead and Mark Bickford.
  • Lyxor Asset Management has launched a credit strategy fund that accesses event-driven and credit-oriented strategies across multiple asset classes as set out by Canyon Capital Advisors.
  • The Hong Kong Exchange has unveiled the initial members and founding shareholders of its over-the-counter derivatives clearinghouse.
  • Nomura Securities is set to hire Jinseop Lee as an executive director and head of Korean rates trading in Seoul.
  • David Carr, global head of sales at ANZ in Singapore, has left the firm.
  • The U.S. Chamber of Commerce has renewed its effort to press for changes in the Dodd-Frank Act with recommendations that call for repeal of some of the law’s provisions as well as further financial regulation reform.