Pre-migration untagged articles

Lehman priced the Eu352m Lightpoint Pan-European CLO 2007-1, pan-European CLO, last Friday.

We don’t know whether they award Oscars in Switzerland, but we would give at least a silver-plated trophy to Marcel Rohner, the new chief executive of UBS.

The euro swap yield curve steepened sharply yesterday (Thursday) following the decision by the ECB to leave overnight rates unchanged at 4%.

With Stan O’Neal and Chuck Prince having been tipped over the precipice, this has been the ideal time to be reading Blue Blood and Mutiny by Patricia Beard. It describes the fall of Philip Purcell at Morgan Stanley, who was finally kicked into touch in the summer of 2005.

RCI Banque re-opened the market for extendable FRNs in Europe this week, selling a Eu100m private placement structured by RBS and a Eu170m issue structured by Société Générale.

General Electric Capital Corp was the first and only issuer of the week, but its fourth deal in a month failed to deliver an assured performance.

ING is winding down two of its three asset backed commercial paper conduits, Simba Funding Corp and Mane Funding Corp, it emerged this week. The conduits experienced problems rolling over ABCP and faced increased spreads and shorter maturities.

JP Morgan will today (Friday) launch a family of new commodities indices that will, for the first time, track commodities futures right along the maturity curve, borrowing maturity and liquidity concepts more frequently employed in bond indices.

Who wants to buy a Japanese bank? When you look at the recent results from the Japanese commercial banks and securities houses, you wouldn’t expect a sea of raised hands.

KfW’s successful ventures into the Egyptian pound and Bulgarian lev markets provided a positive gloss to an otherwise miserable week in niche currencies.

Investors’ fears about monoline insurers’ exposure to the US subprime mortgage crisis came closer to being realised this week when rating agencies initiated reviews of the triple-A bond guarantors’ capital adequacy.