Pre-migration untagged articles

A SWATHE of high profile managing directors and other senior bankers are among those who lost their jobs at Dresdner Kleinwort in its pre-Christmas shake-up.

The tone might not always have been the finest in the US corporate bond market, but large deals were executed all this week. A little less than $20bn was issued, excluding globals, extendibles and emerging market transactions.

Victoria Finance, the $6bn SIV sponsored by Ceres Capital Partners, which had its senior notes downgraded by Standard & Poor’s this week, is also understood to have gone into an enforcement state.

With money in ready supply and cov-lite deals plentiful in the market, a $4.45 billion deal for the buyout of Aramark hit the market.

-- Dennis Humble, treasurer of ResCare, on the healthcare business' adjusted credit facility.

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.

The calendar shows a new year, but the market hasn’t turned over a new leaf.

Which banks delivered in terms of performance in 2007? That was the question The Cover, EuroWeek’s online sister publication, decided to work out for itself at the start of the new year.

Swiss investors returning to work this week snapped up a three year FRN from Credit Suisse, but the market as a whole failed to get off to its traditionally quick start.

Credit Suisse is in talks to buy the portfolio of the $6bn Victoria Finance SIV, EuroWeek has learned.

There is a striking parallel between the situations in which the world’s capital markets greet 2008 and how they faced the tough opening days of 2001.

CONSTANT proportion debt obligations (CPDOs) are again out of favour with the rating agencies.