Pre-migration untagged articles

World Bank president Paul Wolfowitz bowed to the inevitable late yesterday evening (Thursday) and resigned. The resignation of the former US policy maker had been widely anticipated.

Xerox, the office equipment firm, returned to the investment grade bond market for the first time since 1999 this week with a $1.1bn five year deal underwritten by Citigroup, JP Morgan and Merrill Lynch.

--Eric Rosen, head of credit trading at JPMorgan, on his time trading at Continental Bank.

It seems the market wants some more spice added to the Credit Investment News' Best Trading Desk Awards next year.

The Loan Syndications and Trading Association published an exposure draft of a physical settlement rider to the loan-only credit default swap confirm.

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

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.

Merrill Lynch priced Cohen & Co’s Dekania Europe III, a Eu300m CDO of subordinated debt issued mainly by European insurance companies, on Wednesday, according to an investor.

Merrill Lynch has moved up a place to eighth on table two, the only change in the top 10, as its latest large self-led structured notes settle.

The main European credit default swap index market has traded in an even tighter range over the past four days than last week.