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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
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SSA
New contracts cannot yet be traded in US
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  • Credaris Credit Fund has been acquired by Cairn Capital, the credit specialist.
  • VAM Funds has announced it will roll out a five-year 90% capital protected note on June 1.
  • Credit Suisse has named a pair of JPMorgan Chase executives to head its investment banking operations in India.
  • Henry Hu, head of the Securities and Exchange Commission’s new division overseeing risk, strategy and financial innovation, told Derivatives Week he has been working closely with other SEC units, such as enforcement, and that he is deepening the unit’s bench of experts to stay on top of new structures. The interview, by Managing Editor Katy Burne, also features Adam Glass, the division’s co-chief counsel.
  • BNP Paribas has added Vasilis Koutsaftis from JPMorgan as a director in its fx and interest rates structuring group in New York.
  • David Ezra, a senior credit salesman formerly with Goldman Sachs who joined London brokerage Mint Partners last month (DW, 3/11), has left and is reportedly set to join Credit Suisse in a new role.