Pre-migration untagged articles

o you also feel that the subprime mortgage crisis is beginning to ebb? Just two months ago, you had only to mention subprime and people looked at you as if you had caught the plague.

It must have been a slow afternoon for financial journalists, but there, on the front page of the Financial Times, we read: "Top banker quits — resignation deals blow to HSBC’s ambitions."

Although fixed line telecom trading was the most active sector in the European CDS market last month — for the eighth month in a row — Valeo, Reuters and Hanson were the busiest single names, according to data released this week by GFI.

Banco Comercial Português (Millennium BCP) sold its first Portuguese covered bond this week, a Eu1.5bn 10 year issue of obrigações hipotecárias.

This week Barclays Capital priced Laurelin II, a Eu450m CLO managed by GoldenTree Asset Management, and Wood Street V, a Eu500m CLO managed by Alcentra.

Bank of America completed the importing of covered bonds to the US this week by becoming the first US issuer to sell a dollar deal.

Bank of Ireland issued, structured and distributed a 20 year Irish inflation linker this week, only the second ever bond based on the index and the longest dated issue yet.