Pre-migration untagged articles

Joint leads Citigroup and Lehman Brothers announced this week Europe’s fourth commercial real estate CDO for US asset manager, Fortress Investment Group.

Swiss investors were offered only slim pickings this week as a public holiday yesterday (Thursday) set the tone for reduced levels of issuance.

Dealers in London found strong demand but weak supply in the CP market this week as European issuers took the end of the week off for the public holiday. Yesterday’s volumes were just over half the level of last Thursday.

Deutsche Bank priced Oak Hill European CLO II last Friday as the CLO pipeline continues to build.

The departure of Dow Kim from Merrill Lynch, announced on Wednesday this week, was not expected outside the inner circle of chief executive Stan O’Neal.

“You shouldn’t be so mean about Dillon Read Capital Management,” we were told by a friend in Edinburgh, who has held UBS shares for many years. “Perhaps they were just unlucky.”

What are the messages coming from Amsterdam, where the negotiations to buy ABN Amro seem to have run into a cul-de-sac?