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  • Credit Suisse First Boston has hired Marcus Niemeier from Barclays Capital to fill a newly created position on its asset backed trading desk.
  • The implementation of proposed accounting standard IAS 39 took another step backward on Monday when four EU member states voiced their opposition at a meeting in Brussels.
  • Peter Green, director of treasury and balance sheet management at Bradford & Bingley, revealed more details of the UK bank?s forthcoming mortgage master trust on Tuesday.
  • Corporate securitisation experts are exploring the possibility of a structured bond to refinance the privatisation of Brussels International Airport Co (BIAC), Belgium?s majority state owned airport operator.
  • Bank of America is moving Michael McLaughlin, its head of global structured products, to London to oversee its European asset securitisation and investment grade (ASIG) business.
  • Italy?s regions are exploring securitisation as a means of financing healthcare payment settlements.
  • Skynet, the high profile satellite communications PFI project for the UK?s Ministry of Defence, will be refinanced with a securitisation next year.
  • Bank of America is leading the debt financing backing United Industries Corp.'s $360 million acquisition of United Pet Group (UPG).
  • A conference call was held last Wednesday for portfolio managers and buyside traders to discuss how best to deal with assignment fees.
  • Shiv Chatterjee, managing director in proprietary trading at Citigroup, has transferred back to the firm's global markets division to run mortgage-backed securities trading.
  • Citibank is in the market with an amendment to cut the spread on FMC Corp.'s $243 million "B" loan by 75 basis points to LIBOR plus 1 3/4%.
  • Montano is a managing director and head of mortgage-backed securities research at J.P. Morgan in New York. He's spent about two years at the firm and previously was at Credit Suisse First Boston.