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--Justin Kennedy, managing director in Asia-Pacific equity derivatives at Citigroup in Hong Kong, on draft regulatory outlines for warrants in China, published recently by the Shanghai Stock Exchange.

Montgomery County, Pa., has entered into a bifurcated swap with Bear Stearns to generate upfront cash in excess of USD2 million, which it sought to secure in anticipation of state funding cuts.

UBS, formerly one of the largest players in market access products for India, has lodged an appeal against a regulatory decree that banned it from the onshore market.

West Gate Advisors, a subsidiary of Metropolitan West Asset Management (MWAM), has bought ING Capital Advisors, concluding an auction that began last December.

Nathan Stone, director in U.K. high-yield sales at UBS in London, has left to join Morgan Stanley in London in a similar role.

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

Perot Investments is looking to buy floating-rate credit cards for its $1.7 billion short-term liquidity portfolio.

Independent research house Gimme Credit is criticizing Standard & Poor's for painting the entire grocery sector with a broad brush after its downgrade of three major chains to the perch of the junk cliff last week.

SG Corporate & Investment Banking is shooting to be operational with a leveraged finance business in the U.S. by October.

SG Corporate & Investment Banking is shooting to be operational with a leveraged finance business in the U.S. by October.

Billionaire vulture investor Wilbur Ross, chairman of W.L. Ross & Co., is scouring the beat-up auto industry for investing opportunities.