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  • 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.
  • 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.
  • AIG Trading Group has hired Carl Nabar, v.p. and head of exotic foreign exchange options for the U.S. at Credit Suisse First Boston in New York, as v.p. in foreign exchange options trading in Greenwich, Conn. The new hire is a move by AIG to build up its exotic options business, said an official familiar with the hire.
  • Baring Asset Management (BAM) is considering offering structured notes referenced to Baring Hedge Select Fund. "It's on the drawing board," said Tom Maier, head of BAM's alternative investment team in London. The asset manager is still ascertaining demand for the notes and Maier said it is too early to estimate the potential size, structure or timeframe. The firm is talking to several investment banks about structuring products on the USD100 million fund, noted Maier, declining to name the firms.
  • Jae Oh and Sunil Iyer, credit default swaps traders at Deutsche Bank in London, have left the firm's credit desk. Stephanie Smart, spokeswoman at Deutsche Bank in London, said Oh and Iyer are still employees at the firm. "They are currently in discussions regarding other opportunities internally," she said. Oh declined comment and Iyer could not be reached.
  • Bank of America is considering launching a structured credit hedge fund and has earmarked Paul van der Maas, European head of structured products in London, to run the fund. Liz Wood, a spokeswoman at BofA, declined comment and van der Maas did not return calls.
  • Glenn Blasius, managing director and European head of asset-backed syndication and trading at Bear Stearns in London, has joined structured credit hedge fund Christofferson Robb & Co. Blasius joins the fund as a managing director in London and will both trade and structure products, according to Richard Robb, ceo in New York.