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  • Steve Oricoli has left Credit Suisse First Boston to join UBS as an executive director and head of the mortgage dealer sales desk in New York.
  • ALSTOM rebounded in the secondary loan market with its '06 senior bank debt climbing into the 81-83 range and the '08 subordinated loan into the 68-70 context following a bank meeting two weeks ago.
  • American Express Asset Management last week priced one of the largest cash-flow collateralized loan obligations in several years after market hunger drove the size of the deal far beyond its original bogey.
  • Deutsche Bank has priced the notes backing Angelo Gordon & Co.'s fourth cash flow collateralized loan obligation, the $507 million Northwoods Capital IV.
  • Citigroup has hired Gohir Anwar and Robert O’Donoghue, fixed-income structured sales staffers at Deutsche Bank in London, for its structured corporate products group.
  • HSBC has hired Claus Hansen, head of the Nordic and Netherlands foreign exchange and derivatives group at Deutsche Bank in London, as head of corporate risk management sales.
  • Merrill Lynch has hired Steve Kuppenheimer, v.p. in structured credit products at Credit Suisse First Boston in New York, as a director and senior structurer.
  • Sempra Energy Trading has hired Vince Kaminski, most recently v.p.-commercial analytics at Reliant Energy in Houston, as managing director and head of quantitative analysis.
  • Highland Capital Management is buying the bank loan asset management business of Columbia Management Advisors from Bank of America, with the transaction largely driven by the Fleet Bank/B of A mega-merger.
  • The bank debt for The Goodyear Tire & Rubber Co. has been stronger following the announcement that its investigations into its overseas accounting have been concluded.
  • Bank of America has scooped up Michael Nitka, a director and loan trader in Société Générale?s SG Corporate & Investment Banking unit.
  • Morgan Stanley has hired a trio of ex-Fleet Securities loan pros. Todd Dahlstrom, Michael Cunningham, and Eric Vandermel will begin their new roles on May 1.