Latest news
Latest news
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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Former RBS Greenwich Capital Markets collateralized debt obligation co-head Rick Caplan has entered a start-up endeavor named Caprok Capital.
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XL Capital Assurance has cut the remainder of its seven-person collateralized debt obligation origination and sales staff, including CDO head Sohail Rasul.
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Paul, Hastings, Janofsky & Walker is ramping up its European and Middle Eastern coverage and is relocating Philip Feder, chair of global real estate, to its London office.
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Jeffrey Knowles, a managing director in Citigroup’s global leveraged finance group, was let go from the bank today, a Citi spokeswoman confirmed, declining further comment. Knowles has been with Citi since at least 2004, when he served as head of European leveraged syndicated loans in London. Knowles did not respond to an e-mail.
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Bad news for the monolines continues this week with Security Capital Assurance’s series A perpetual noncumulative preference shares downgraded to D from C by Standard & Poor’s today.
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Richmond, Va.,-based mortgage insurance company Genworth Financial has set up a U.S. capital markets group to focus solely on wrapping mortgage-related products in hopes of gobbling up market share from competitors that continue to get hit hard by their subprime exposure.
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Krishna Prasad, managing director of structured finance research at Lehman Brothers, is leaving the bank after 11 years.
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Citi Alternative Investments has hired Jerome Anglade to its credit strategies group in London as a senior portfolio manager responsible for a new distressed fund.