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Ex-Deutsche banker scooped up
Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
Changing one of IB bosses shows what Deutsche values
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  • Richard Hill has quit as head of loan syndications for EMEA at WestLB less than a week since emerging markets veteran David Pepper left the German bank.
  • KPMG has hired Colin Haig of PricewaterhouseCoopers and Richard O’Dwyer of Grant Thornton as partners of its restructuring business.
  • The National Association of Realtors has told Congress to “move cautiously” in reforming Fannie Mae and Freddie Mac.
  • Standard & Poor’s Ratings Service has places 70 tranches of U.S. corporate-backed collateralized debt obligations on watch for potential upgrade as the credit rating agency has been more positive about the instruments in recent months.
  • New reforms threaten to shrink the number of banks in Europe willing to provide swaps in securitization trades, according to market professionals.
  • A federal judge in New York has dismissed lawsuits brought by investors against Bank of America’s Merrill Lynch unit to force the bank to bring charges against officers and directors for their role in risky investments in collateralized debt obligations.