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Singapore's United Overseas Bank aims to manage several additional collateralized debt obligations this year, including its first deal with equity-default swaps.

Leeds & Holbeck Building Society is expanding its treasury activities and making three hires to support this growth.

Collateralized debt obligation houses in the U.S. and Europe are turning their attention to single-tranche deals comprised of baskets of single-name credit derivatives referencing asset-backed securities.

Credit-default swap spreads on media giant Viacom widened last week amid management changes and rumors that the telecoms giant may be looking for a buyer for its radio unit, Infinity Broadcasting.

Barclays Capital is spending millions to move into mortgage-backed securities, even as the specter of higher interest rates promises to crimp trading volumes and dealers' profits.

Fiduciary Trust International, which has $18.7 billion in fixed income, is increasing its emerging markets allocation by selling high-yield securities and Treasuries to buy Polish, Russian and Brazilian securities.

Fitch Ratings has established a dedicated European covered bond team in London and plans to hire two professionals to join Hélène Heberlein, Raimon Royo and João Marques.

The fifth month of the year is now behind us and for all that is new and attention-grabbing in the financial world, much is turning out exactly as expected.

A potential U.K. law threatens the £4 billion market for social housing securitizations, which could experience a wave of underlying defaults and downgrades if proposed legislation comes to fruition.

A dearth of investment-grade industrials in the new issue pipeline has investors in the sector feeling somewhat frustrated.

The U.S. investment arm of a major Dutch lender is ramping up collateral in preparation for a collateralized debt obligation that will feature an innovative structure.