Asset manager loses correlation trader
An asset mananger has recently lost a portfolio manager from its New York office  

Bank loses CDO head
Bank has confirmed that head of global CDOs in New York has departed

Manager plans CDO staff cuts
Aladdin Capital said yesterday it would switch its focus away from structured credit asset management and increase its advisory and investment banking businesses

Structurer joins broker
A former bank structurer of exotic credit has recently joined a unit of GFI

Rating agency CDO head joins bank
A former head of European CDOs at rating agency Fitch, has recently joined a European bank as a managing director in London

Manager expands European team with two hires
A large investment manager has made two hires with sales and structuring experience to its European office

Veteran leaves credit sales role at top bank
A veteran sales specialist is said to be leaving his role, say market sources

Bank loses senior credit structurer
Bank has lost senior credit structurer, say market sources

Bank closes down structured credit business
A UK bank has closed down much of its structured credit business, market sources have today confirmed

Wachovia loses CDO specialist
An official who ran Wachovia's commercial real estate CDO business for several years has left the bank

Interdealer broker loses partner
Official sources have confirmed that senior partner Kevin Cronin has left Phoenix

Former Lehman cash CDO head moves to buy side
US-based Gulf Stream Asset Management has hired ex Lehman veteran

Structured credit specialist joins broker
Newedge, the brokerage owned jointly by Société Générale and Calyon which was previously known as Fimat, has hired a former Rabobank and Merrill Lynch structured credit trader to build up a CSO business