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Securitization People and Markets

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  • Another former member of Radian’s global structured products group has landed at the Federal Reserve Bank of New York.
  • Calyon’s executive director and head of structured credit sales for Southeast Asia, Sam Shui, has left the bank in Singapore.
  • The founding members of the Winter Group are teaming up with Auriga, a subsidiary of Madrid and Barcelona-based securities firm Auriga Securities SV.
  • Martin Teevan has joined the Cantor Fitzgerald as the head of high yield and distressed debt, as the company looks to flush out its leveraged sales and trading operation.
  • The Depository Trust & Clearing Corporation announced the launch of its Loan/Serv messaging system to aid communication between banks and investors in the loan market.
  • The Loan Syndications and Trading Association held a call for loan market players last Wednesday to revamp a task force that will address the changing market's effects on collateralized loan obligations.
  • Morgan Stanley is looking to build out its distressed credit trading group, Colm Kelleher, cfo, said during its earnings call. Bank officials did not return a call for further details.
  • Trade Settlement Inc. is building out a platform to process distressed debt trading.
  • The Seaport Group has hired four salesmen from the Winter Group.