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Three have jumped ship from UBS and are headed to Royal Bank of Scotland. Peter Tchir, a high-yield index trader, Gary Stanco, a high-grade bond salesman and Brett Brown a high-grade bond trader have all left.

Gil Marchand, portfolio manager at Aladdin Capital Management, is expected to leave the firm in the coming weeks.

Bank of America is planning to expand its structured credit sales force in Europe by 25% over the next few months. Ben Wilkinson, global head of structured credit trading and equity derivative products at BofA in London, said he expects to add senior salespeople with experience in correlation and synthetic products as well as some regional and hedge fund coverage. He declined to specify the current or expected size of the global structured products sales team, which is co-headed by Vincent Moge and John Lindon.

Merrill Lynch has hired Matt Johnson, director in equity derivative institutional sales in London, to replace Simon Wilson, who retired last year after 17 years at the firm. Johnson will start April 18 and report to Michael Ward, head of equity derivative flow sales, who said Johnson will focus on long/short hedge fund and institutional money manager clients.

Dr Zeti Akhtar Aziz, the Governor of the Central Bank of Malaysia, talks about the "Issues and Challenges of the Co-existence of Islamic Finance in an Entrenched Conventional System"

Due to volatility in asset-backed securities, dealers have been shutting down high-grade collateralized debt obligation warehouses and/or tightening their lines of credit.

Pricing was cut one last time on the $800 million term loan "B" for Domtar before it broke for trading last Thursday, taking pricing on the covenant-lite tranche down to LIBOR plus 137.5 basis points.

Investors had their fun last week pretending to be Picabo Street on the almost two feet of fresh powder Mother Nature provided at the Bank of America ski conference in Utah.

The Loan Syndications and Trading Association will be holding a meeting of the material non-public information working group Thursday.

-- Elliot Ganz, Loan Syndications and Trading Association general counsel, on the sellside and buyside material non-public information working group meeting this week.

The nominations were tallied and Credit Investment News released its list of top athletes in the loan and bond markets.

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