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-- George Clam, vice-chairman Oak Brook Bank, on why the bank dropped out after pricing was cut on Harrah's Operating Co.'s new deal.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.

Vanguard Car Rental USA is coming back to market nine months after a reworked dividend deal was pulled.

ABN AMRO has bagged James Dougall, a v.p. and credit-default swap trader at Lehman Brothers in London.

Fixed-income specialist European Credit Management plans to launch a credit-default swap long/short fund due to increasing demand from institutional clients.

CDX protection buyers are starting to drive spreads on the idex slightly wider relative both to the underlying names and last week's index tights.

BNP Paribas has recruited Yuri Lin, v.p. at Lehman Brothers in Hong Kong, for a new role covering derivative product sales for hedge funds.

Barclays Capital is targeting more marketing manpower toward selling multi-asset class, best-of baskets into Western Europe, on the back of an upsurge in investor demand for the play.

Australian interest-rate traders have noted a recent surge in activity, after a rate hike two weeks ago attracted greater overseas interest.

NIBC Credit Management, a USD5.4 billion portfolio manager, is managing its first hybrid collateralized debt obligation.

The fad for commodity index-linked investment products seems to be fading.

Private Danish bank Sydbank is looking to issue and manage a synthetic collateralized debt obligation referencing emerging-market debt.