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? RBC Capital Markets and Morgan Stanley decided last Friday to postpone launching the £0m PFI bond for Colchester Garrison until January, as loose ends in the documentation were unlikely to be finalised in time for a launch this year.

Crédit Agricole Indosuez this week launched two synthetic CDOs of ABS from its ABSolute and Triplas series.

? The saga of Network Rail's long awaited securitisation took another turn this week when Tom Winsor, the UK's rail regulator, and the Strategic Rail Authority clashed over financing plans.

? ABN Amro will today (Friday) begin roadshowing the first term RMBS from Belgium for five years, offering investors strong collateral and diversity.

? Dublin-based investment manager Avoca Capital Holdings Ltd this week launched its first collateralised loan obligation, a little over a year after it was set up by a breakaway group from AIB Capital Markets' acquisition finance team.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

David Steel, senior v.p., and Martin Palmieri, v.p., in the collateralized debt obligation group have left ACE Capital Re in New York because of cost cutting measures, according to officials.

AIG Trading Group laid off several foreign exchange derivatives staffers last week as a result of its integration with sister outfit AIG Financial Products, said AIG spokesman Joe Norton in New York. Meanwhile there is speculation last week over whether John Finigan, president and ceo at AIG TG in Greenwich, Conn., will continue to work for the merged entity, with one official noting that Finigan's office has been cleared out. Finigan, reached at his home in Scarsdale, N.Y., declined comment. Norton declined to specify the number of employees laid off or comment on individuals.