Latest news
Latest news
Gramazio becomes a managing director after working at the rating agency since 2020
Claim that fees put off institutional investors denied
Meanwhile, BNP Paribas hires in structured finance
More articles
More articles
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Madison Dearborn Partners has tapped Lehman Brothers and Goldman Sachs to lead the financing backing its $1.5 billion merger with movie theater chain Cinemark.
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The loan syndication and trading teams of FleetBoston Financial Corp.'s Fleet Securities will be eliminated in conjunction with the firm's merger with Bank of America, according to market sources.
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Merrill Lynch has hired Andy Phelps from Goldman Sachs for its collateralized bond obligation business in New York. Phelps joins Merrill as a v.p. on the structured finance syndicate desk and will distribute to investors the securities the firm underwrites.
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AK Capital Markets has hired Lori Addison as a managing director and head of collateralized mortgage obligations.
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The following is a list of prominent personnel moves from around the U.S. and European markets.
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Citibank, Bank of America and Merrill Lynch Capital are in the market with a $500 million credit backing GTCR Golder Rauner's acquisition of consumer products provider Prestige Brands. Investors noted that deal revolves around the company's brands.
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Frank is a director and head of mortgage-backed securities research at Nomura in New York.
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High-powered bankruptcy lawyer Chaim Fortgang has launched Fortgang Consulting, based in the Greenwich, Conn. offices of Silver Point Capital.