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Norton Rose Fulbright and Katten have added to their legal teams
Asset manager wants to offer more products to institutional investors
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Maxim Group, a boutique investment firm, is looking to add more distressed traders to its 24-person fixed-income trading desk.
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BNP Paribas is ramping up a distressed corporate bond trading platform that it will likely announce some time in August, according to someone with knowledge of the situation.
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Guggenheim Capital Markets has brought on Lenny Blasucci, Matthew Perkins and Nicholas Smith to expand its asset-backed business and trading capacity.
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Highland Capital Management has tapped John Mackin, Christopher Harrison and Elizabeth Goldstein as managing directors to expand its sales force in response to increased interest from institutional investors.
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Jefferies & Co. has hired five Bear Stearns staffers for its high yield, distressed and loan sales and trading unit.
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New York-based boutique broker-dealer Broadpoint DESCAP Securities has expanded its structured products sales team with three recent hires.
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Guggenheim Capital Markets has made three hires in its New York office.
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Street cash and synthetic collateralized debt obligation credit desks are being merged as firms grapple with the continuing market slumber.
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Boutique investment firm Maxim Group is looking to add more distressed traders to its 24-person fixed income trading desk.