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  • FIG
    After its shock move at the end of 2011 to restrict Austrian bank lending in central and eastern Europe, the Austrian Central Bank is taking a "very active role" in a pan-European initiative to avoid chaotic bank deleveraging in the region, the former chief executive of Raiffeisen Bank International has told EuroWeek.
  • Cantor Fitzgerald has brought on collateralized mortgage obligation structurer and trader Christopher Obara from Stamford, Conn.-based boutique broker dealer Pierpont Securities.
  • A structural shift, in which private funds and hedge funds moved to London, has prompted US law firm Willkie Farr & Gallagher to open a restructuring practice in London.
  • Zurich-based Livermore Investments Group, which recently hired ING Investment Management Senior Vice President and Portfolio Manager Marc Boatwright to open its Charlotte, N.C. office, could hit the market with a debut collateralized loan obligation as early as this year.
  • FIG
    Lloyds is beefing up its bond syndicate team by hiring a new head of financials and corporates, after recently appointing former high yield banker Andrew Ryan as overall head of syndicate in May.
  • Electronic over-the-counter market operator Tradeweb Markets has hired former Nomura’s former Global Head of Spread Product Sales Cactus Raazi to the post of head of North American Credit.
  • Pierpont Securities recently hired former Daiwa Capital Markets commercial mortgage-obligation trader James Perillo.
  • Willkie Farr & Gallagher hires Lane for restructuring — Walsh quits Morgan Stanley for Credit Suisse — Porter moves to S&P for bank loan ratings
  • Graham Lane has joined Willkie Farr & Gallagher as a partner in its London office, as the New York law firm seeks to expand its European restructuring business.