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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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UBS has hired a pair for its distressed group that will fill similar roles as two veterans that just left for Barclays Capital.
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Barclays Capital hired another trader, Marc Berg from CIBC World Markets.
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The Bank of Ireland has started taking on an increasing number of lead arranger roles in middle-market deals, most recently on a financing for National Vision.
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The International Swaps and Derivatives Association published a loan-only credit default swap confirm last Thursday, much to the delight of those playing in the space.
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Moody's Investors Service reports that global speculative-grade defaults rose very slightly last month to 1.7% from 1.6%, notable because the number of bond defaults was the highest in five months and it was the first default by a rated European corporate bond issuer in 15 months, the ratings agency said.
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UBS has hired James Trefry, a Deutsche Bank loan salesman, to join its distressed loan trading desk.
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Société Générale has set up an integrated debt platform incorporating the loan and bond functions.
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Asif Khan, v.p. in the structured products syndication group at Goldman Sachs, has left the firm.
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Misys Banking Systems and IntraLinks have launched LenderBridge, a connector between the loan management system, Misys Loan IQ, and the IntraLinks platform.