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Deutsche Bank is reorganizing its equity derivatives trading heads to boost management presence in the U.S. and Asia.

The high concentration of residential mortgage asset-backed securities in collateralized debt obligations has market participants concerned CDO performance has become too closely tied with the U.S. housing market.

A rise in U.S. dollar/yen implied volatility saw options players start buying short-dated greenback calls last week in anticipation of a dollar strengthening.

Dow Jones Indexes and Deutsche Boerse plan to launch a European volatility index later this month.

HSBC has hired Mark Wang, managing director and co-head of global markets for China in Hong Kong, as head of sales for China.

Protection on General Motors Acceptance Corp., the financing arm of General Motors Corp., was still in demand last week, but spreads tightened because many investors took a back seat to reassess positions and wait for GM's next earnings report later this month.

Bankers in Asia expect recently announced changes in Malaysia's capital controls to trigger a greater hunger for structured investment products.

--James Rothman, a managing director and head of the structured credit group with ACA Capital in New York, commenting on whether dealers will opt for pay-as-you-go or physical settlement when creating a standard single-name ABS credit derivative template.

Seoul-based Dongwon Securities will start offering credit derivatives on Korean underlyings after new regulations came into effect last week.

Although managed single-tranche collateralized debt obligations are dominating market buzz, investors and some managers are unsure whether they will become a significant portion of the market.

Schroder Investment Management has recently launched its first capital-protected product linked to its emerging market equity fund.