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Citigroup's Melinda Weir, managing director, is set to head to London in April to be in charge of European loan sales.

Invicta Credit, a credit derivative product company backed by Massachusetts Mutual Life Insurance Company, expects to do its first trade within the next few weeks.

Attachment points have been set for standardized tranches of the ABX.

High-coupon structured notes known as auto-callables are starting to make headway with U.S. retail investors.

Credit-default swap trading was thin last week as many investors and traders were still on holiday.

Citigroup is pitching an income- and growth-paying structured note tied to an index of U.S. homebuilders.

AXA Real Estate Investment Managers in Paris has hedged part of its property portfolio by entering a swap on the Investment Property Databank French Offices Annual Index.

Mark Timmis, a former head of flow credit derivatives trading at Bear Stearns in London, has resurfaced at Calyon. Reached at the French house, Timmis referred calls to press representatives and Virginie Ourceyre, spokeswoman, did not respond to messages by press time.

Lake Shore Asset Management, a London-based commodity trading advisor, is preparing to market its first notes linked to one of its funds.

Dresdner Kleinwort in London has hired Caroline Abensour from BNP Paribas as a director in credit hedge fund sales.