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  • Private equity firm KKR is set to expand its presence in the European credit market by buying Avoca Capital, a credit investment manager based in Ireland, in the hope of picking up corporate clients left by banks less willing to lend.
  • Crédit Agricole CIB has hired two bankers, to strengthen its position in leveraged loans and high yield bonds.
  • The Federal Reserve moved beyond the Basel Committee On Banking Supervision Thursday in the latest round of liquidity rules designed to reduce systemic risk among the largest banks and other financial institutions.
  • Crédit Agricole is hiring two bankers, in the hope of strengthening its position in the leveraged loan and high yield bond market.
  • Société Générale has hired former UBS head of mortgage-backed securities trading Brian Cohane to head up its MBS trading platform, according to two people familiar with the matter.
  • Central European Media Enterprises' CFO David Sach will leave the company on October 29 and Anthony Chhoy, its executive vice president for strategic planning and operations, is leaving on November 15.
  • Commercial mortgage-backed securities still has some way to go in order to reach a critical mass and become an established and well-functioning capital market, according to Peter Cosmetatos, the newly-appointed ceo of Commercial Real Estate Finance Council Europe.
  • BNP Paribas hired former Cantor Fitzgerald agency collateralized mortgage obligation specialist Martin Priest.
  • FIG
    Royal Bank of Scotland has hired Kieran Higgins from Nomura as head of Europe, Middle East and Africa fixed income trading.