Latest news
Latest news
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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Markit is planning to launch a free Web site that will consolidate prospectuses and investor reports for European asset-backed securities.
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Moody’s Investors Service made another set of downgrades late Friday to the monolines.
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UBS has hired Bob Richter as a managing director in mortgage sales.
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London-based asset manager Cairn Capital has refocused its U.S. and European asset-backed securities business on structured investment vehicle advisory work and replacement manager mandates as the new issue collateralized debt obligation market has dried up.
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Jeff Teach has been named head of loan, high-yield and distressed trading at UBS.
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Foreign pension funds are said to be looking to get involved in the U.S. loan market.
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Fridson Investment Advisors hired Christina Boni from Credit Suisse as a portfolio manager and Trevor Jackson from Bear Stearns as a trader.
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The Loan Syndications and Trading Association is drafting market practice recommendations for issuers of non-investment grade debt.
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Nathan Speicher, a leveraged debt capital markets analyst at Deutsche Bank, is leaving at the end of June to join Highland Capital Management.