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ANZ is preparing to launch collateralized debt obligations referenced to the bank's balance sheet as spreads move tighter—a first for the bank.

Bank of Ireland Global Markets is preparing to build an institutional sales effort in Greenwich, Conn., for Latin America.

Barclays Capital has hired Mohammed Farid Bin Kairi, marketer at BNP Paribas in Singapore, as head of non-Japan Asia bank sales, focusing on foreign exchange derivative products.

The growth of the structured synthetic asset-backed securities market is being driven by the entrance of cash ABS investors crossing over to derivatives, rather than corporate credit-default swap players adding ABS to their mix.

A rare equilibrium between the number of credit correlation buyers and sellers has given rise to an unusual situation in the synthetic market: an evenly-weighted capital structure.

Maurice Nadjar-Primack, a senior equity derivatives trader covering emerging markets in London, has left Credit Suisse.

The iTraxx Crossover rallied more than 50 basis points last week, mirroring the rally in the U.S. stock markets which hit when the Federal Reserve raised interest rates 25 basis points the previous week.

Some Street dealers say they are close to getting round an onerous set of accounting rules that have put a severe dampener on bespoke collateralized debt obligations.

Deutsche Bank last week lost its battle to sue monoline Ambac for non-payment of credit protection following a default.

U.S. hedge funds are going long the equity tranche in synthetic asset-backed securities collateralized debt obligations because value in the first-loss piece has jumped.

Hedge funds betting against the U.S. dollar were buying short-dated downside euro/dollar and dollar/yen puts ahead of the release of a series of economic indicators last week.