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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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Jefferies has hired three managing directors and a senior v.p. for its consumer and retail investment banking group in Charlotte, N.C.
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The Loan Syndications and Trading Association is developing so-called Financial product Markup Language to establish an electronic data exchange format for more efficient communication between agent banks and lenders.
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To avoid writing down some of its collateralized debt obligation portfolio, Merrill Lynch is reportedly swapping some exposure with hedge funds.
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Allen & Overy has bolstered its Italian finance effort with the hiring of Stefano Sennhauser as a partner in its Milan office.
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Morgan Stanley managing director Jonathan Horowitz has reportedly left the firm. Horowitz was part of the bank’s collateralized debt obligation group.
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Irvin Goldman, president and ceo of debt capital markets at Cantor Fitzgerald, has left the firm.
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—Hugh Leask
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David Warren, global head of structured credit trading at Morgan Stanley in New York, has reportedly left the firm.
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Eidesis Structured Credit Fund, the flagship fund of Eidesis Capital, the New York-based hedge fund, suffered a 6.93% net loss last month and is now down 35.17% for the year, as first reported by Alternative Investment News, a CIN sister publication.