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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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TCW filed a lawsuit today against former CIO Jeffrey Gundlach and other former members of the fixed-income portfolio management team that accuses them of breach of fiduciary trust, appropriating proprietary data and lying to gain an unfair advantage over their former employer.
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UBS has hired Jason Mann for its fixed-income syndication desk, which includes asset-backed securities.
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Assured Guaranty has tapped Nicholas Proud, a London-based managing director in its structured finance division, to head the company’s international credit enhancement business.
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Ganesh Rajendra will become global head of asset-backed securities strategy at the Royal Bank of Scotland this month, replacing Ronald Thompson, who has left for Knight Libertas.
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Sebastian Moritz, a senior flow credit salesman at London boutique StormHarbour Partners, has left the firm less than a month after joining.
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Jessica Eistrand, an ex-v.p. in structured credit sales at JPMorgan, has joined London boutique StormHarbour Partners in a similar position.
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Douglas Antonacci, head of leveraged loan sales at JPMorgan, has jumped to Bank of America to head primary loan sales in the Americas.
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Bram Smith has been named executive director of the Loan Syndications and Trading Association.
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Legg Mason plans to launch a new closed-end fund that will invest in mortgage-backed securities and RLJ Western Asset Management’s public-private investment fund, which participates in the U.S. Treasury’s Public-Private Investment Program.