Pre-migration untagged articles

Credit Suisse has a new compensation scheme where bonuses will be distributed in the form of leveraged loans and commercial mortgage-backed debt packages.

Lehman Brothers was the most heavily traded single name in the North American CDS market this year, according to end of year data released this week by credit broker GFI.

EBS Mortgage on Tuesday executed and retained the first deal off a Eu6bn covered bond programme, as Anglo-Irish Bank Corp and Lloyds TSB finalised their preparations for issuance.

F&C Asset Management, the London based investment arm of Friends Provident, plans to cut about 10% of its costs as prospects for its fund management business worsen.

The European commercial paper market experienced another busy week as issuers pushed for funding and investors began looking at longer maturities.

Morgan Stanley this week reported a fourth quarter loss from continuing operations of $2.24 a share, missing the consensus expectation of $1.90. It is its first quarter of loss this year.

The small amount of issuance in the EMTN market aside from government guaranteed bank debt this week was limited to highly rated names, mostly selling smaller trades.

Dealers of private EMTNs: Non-syndicated deals for less than $250m excluding financial repackaged SPVs, self-led deals and issues with a term of less than 365 days.

Kommuninvest I Sverige issued Sfr250m of one year paper at a yield of 0.51% yesterday (Thursday) as investors sought alternatives to the paltry returns available on government securities.

Observers are calling on the Irish government to provide more information about its Eu10bn recapitalisation plan for the country’s leading banks so as to stem concerns about the sector.