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Keefe, Bruyette & Woods is looking to add an investment-grade corporate bond trader and several salesmen for its offices in New York and elsewhere.

Five-year protection on Rhodia, a French chemicals company, widened 40 basis points last week after a Les Echos article on Tuesday alleged there is a liquidity crisis at the company.

The primary market picked up as companies sought to raise cash at lower rates following a drop in bond yields after the recent employment data made it less likely the Federal Reserve will raise rates soon. Here are some notable offerings.

Scottish Widows Investment Partnership is looking to buy £40 million worth of European telecom and tobacco credits, because it believes both are cheap relative to the market.

Strong Capital Management is considering selling up to $600 million in mortgage-backed securities following the recent employment data that makes it less likely the Federal Reserve will raise interest rates soon.

This chart, provided by Citibank/Salomon Smith Barney Inc., tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.

Theo Phanos, portfolio manager at Trafalgar Asset Managers, on the notion of providing greater transparency to investors.

Poor economic news, volatile stock markets, fresh fears of Al-Qaida terrorism and a 30bp rally in Treasuries left bond investors floundering this week and re-appraising their exposure to corporate bonds.

Citigroup's financial markets group in Seoul has reportedly been hit by a pair of high-level departures, according to two officials close to the firm.

Jean-Marie Barreau, head of alternative investments at Deutsche Bank in London, has resigned.

Merrill Lynch has named Nigel Beattie, managing director and head of institutional equity derivatives sales in Hong Kong, as head of the Pacific-Rim equity investor client group, a Tokyo-based position that had been vacant for nearly a year.