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Merrill Lynch has hired four managing directors and a team of staffers from JPMorgan.

Deutsche Bank has hired Dean Rostrom, an official in structured credit distribution at JPMorgan in Tokyo, to fill a new role as a managing director in the structured credit marketing team on its Tokyo desk.

Barclays Global Investors, which runs $370 billion in fixed income globally, is planning to ramp up its participation in the structured finance bond market.

BNY Capital Markets is preparing to close its first collateralized loan obligation, One Wall Street, next month and is laying out plans for future CLOs.

Credit Suisse First Boston is adding nearly 10 professionals to its interest-rate business as part of an effort to rebuild from a number of high-profile defections earlier this year.

Boston Generating's bank debt shot up from 116-120 to 127-130 after the Federal Regulatory Energy Commission approved a measure that will change the way power producers in New England are paid.

A new electronic platform for triparty repurchase trades could further concentrate repo trading in the hands of the largest dealers.

Richard Goldthorpe, global head of securitization at Fortis Bank in Amsterdam, has left for Lloyds TSB-Financial Markets in London and has brought his team of five other professionals with him.

Freddie Mac is signaling larger issuances are ahead for its reference note program with an unusual five-year offering, which is intended to prepare the market for larger issue sizes in the future, according to John Radwanski, assistant treasurer and v.p. of debt funding.

An improving trade balance is countering a worsening trend in a top manufacturing activity survey and may mean the Federal Reserve will raise rates longer than expected, according to economists.

GoldenTree Asset Management, the N.Y.-based firm run by Steven Tananbaum and Leon Wagner, is planning to roll out a multi-strategy fund next month that will invest in the firm's existing strategies.