Free content

Mirant Americas Generation's $300 million bank debt climbed into the 98-99 range, up from the 90-91 area in the four weeks prior.

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.

Farid Amellal, global head of credit trading and derivatives at BNP Paribas in London, has resigned and will leave both the firm and industry at Christmas.

BNP Paribas has set up a hedge fund sales desk in Hong Kong to cover the growing demand for Asian products.

BNP Paribas is preparing to close a collateralized debt obligation squared deal this week in Japan.

Ramesh Menon, the former head of Citigroup's structured products group who was fired over a week ago, has said his dismissal was directly linked to the fact he filed a $138 million lawsuit against the firm.

Deutsche Bank has been named Global Derivatives House Of The Year in Derivatives Week's first annual DEAL Awards.

Commerzbank Corporates & Markets is setting up a group within its equity derivatives division to structure commodity-linked investment products.

Deutsche Bank's entire U.S. exposure risk management team has turned over in the past year, with eight analysts leaving the group.

Investors are taking advantage of the upward-sloping equity volatility curve by buying cheap short-dated vol and selling more expensive longer dates.

Euro calls were being snapped up by market players last week after the Bank of England's inflation forecast fuelled speculation of a U.K. rate cut, driving the single currency higher against sterling.