Free content

A squad of collateralized loan obligation structures at BNP Paribas in London has quit the firm and market buzz has connected them with similar roles at Citigroup.

Eric Glicksman, head of equity structured products at Citigroup in New York, has left the firm after two months.

700 people attended Information Management Network's 10th annual Issuers' and Investors' Summit On CDOs/Credit Derivatives last week at Pier 60 in New York.

Collateralized fund obligation issuance hit a high over the past six weeks with the close of three deals.

Credit derivative products incorporating constant proportion portfolio insurance are starting to make inroads in Japan, on the back of growing client comfort with the concept.

Patrick Van Der Borght, director and head of European structuring for cash collateralized debt obligations at Credit Suisse in London, is preparing to retire from the firm and the industry.

Credit Suisse VOLARIS is rolling out a suite of hedge funds together with HOLT, another Credit Suisse subsidiary best known for its stock evaluation methodologies.

Credit options players in Europe are split over proposed changes to expiry dates, which have been touted as a key to modernizing a market seen as too labor-intensive.

Benedict Peeters, managing director in the global products group at Deutsche Bank in London, is reportedly on leave with the intention of exiting the firm.

Deutsche Bank has signed up Neil Servis, director and head of European CDOs and structured credit syndicate at Citigroup in London.

The publication of worse-than-expected fourth-quarter results sent protection prices on Danish supermarket chain Royal Ahold higher, in a quiet week for European credit-default swap trading.