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Citadel Investment Group has nabbed Mark Stainton, managing director and global head of credit correlation trading at Deutsche Bank in London, to head its 50-person energy trading business.

Rating: Aa3/AA-

Tom Graff, portfolio manager of around $900 million at Cavanaugh Capital Management, has been moving his money into Treasuries and short callable agencies from corporate bonds.

The shareholder-friendly wave sweeping the market is cramping the style of bond investors, prompting some to eschew the corporate sector.

EaglePicher's $295 million senior secured debtor-in-possession financing, led by Goldman Sachs, was being reworked last Wednesday.

Name dropping ... Credit Suisse First Boston is set to drop the "First Boston" part of its name Jan. 1, but it seems it's already gone.

• FriedbergMilstein was closing in on the completion of a $584 million collateralized loan obligation that was the first CLO to invest primarily in mezzanine debt. [The fund, FriedbergMilstein Private Capital Fund I, closed as a CDO on Dec. 20, 2004. The fund comprises first-lien senior loans, second-lien loans or notes and mezzanine or subordinate notes]

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

U.S. financial sponsors have jumped into $159.6 billion in syndicated loan activity so far this year, up from $119.6 billion for the full year of 2004, according to data from Dealogic.

--David Grose, cfo of Quest Resources, on the company's ability to put its $200 million credit deal together in two weeks, just in time for an equity offering.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.

ABN AMRO is planning to arrange a property swap on the U.K. office sector, in a follow up to the firm's novel retail sector property swap last week.