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PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
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Clark Peterson has left Deutsche Bank to join Bank of America as a director in its global distressed sales team.
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Deutsche Bank has tapped Thomas Cheung, the firm’s head of distressed debt in Asia, to lead its credit solutions group in North America.
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Swiss private bank Lombard Odier has hired Kevin Corrigan, former London-based v.p. and select portfolio manager of European and global credit at Goldman Sachs Asset Management.
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Guggenheim Capital Markets has added Marc Steinberg as a managing director in collateralized loan obligation sales and trading.
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Citibank has brought on board Nils Dahl, formerly a director at Financial Security Assurance.
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Collins Stewart has hired most of Pali Capital’s 16-member high-yield/distressed debt sales and trading desk, including Jim Hindenach, director of high-yield sales, and Tom Tuchscher, sales and trading director for high-yield services.
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Ashan Ellahi, co-head of German structured and real-estate finance firm Eurohypo’s London branch, is leaving to move into property management.
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Steven Hilfer has joined Auriga USA, a New York-based broker-dealer.
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Jeffrey Gundlach, ceo of DoubleLine Capital LP, is planning to liquidate his holdings in TCW’s Special Mortgage Credit Funds I and II and is launching two new funds.