Manager confirms hire of European distressed debt head
HIG Capital has confirmed that it has hired Appu Mundassery to lead the European distressed debt activities of its Bayside Capital unit

Morgan Stanley replaces fixed income head
Morgan Stanley has announced that Jack DiMaio will join the firm as the global head of interest rate, credit and currency trading

Firm hires ex-bank structured products head for risk advisory
New York-based Moelis & Company announced today that ex-UBS global structured products co-head Yadin Rozov has joined the firm as a managing director in its risk advisory group

Manager hires credit specialist to launch funds
London and Monaco-based asset manager Ambix Capital has hired Marco Sticchi from Whitebream and is set to launch a number of fixed income strategies, reports Financial Times today

Continental plays drive trading game's active first week
Winners and losers in the first week of Creditflux’s credit trading game were noticeably divided between those who went long and short auto firm Continental's CDS

Structured credit manager hires business development head
One William Street Capital Management, an asset manager specialising in structured credit, has hired Kathleen Riorda as a managing director and head of business development

Analysts join forces to provide independent research, says FT
Former analyst at Merrill Lynch will be heading a new independent research firm, Autonomous Research, starting in September, reports the Financial Times.

Ex-prop trader launches Asian credit fund, reports Bloomberg
Stephen Satchell, Credit Suisse’s former head of credit prop trading based in Asia, is launching a credit hedge fund targeting Asian credit

London broker dealer appoints fixed income sales head
London broker dealer appoints fixed income sales head

Asia credit fund head takes senior bank role in New York
Reuters reports that Timothy Donahue, the Asia Pacific head of Blackstone Group's credit hedge fund group GSO Capital Partners is leaving to re-join JP Morgan

Manager adds several hires to structured products team
Manager adds several hires to structured products team

How Joe Cassano became Wall Street’s “perfect customer”
In a detailed article in Vanity Fair, Salomon Brothers bond trader turned author Michael Lewis largely blames the unit’s chief executive Joe Cassano for AIG Financial Product's woes

DTCC hires sell-side ops specialist to run warehouse
The Depository Trust & Clearing Corporation has announced that it has hired former UBS operations head Stewart Macbeth as head of its trade warehouse

Cairn Capital takes on credit analyst
London-based credit specialist Cairn Capital has announced that it has added to its research team by hiring Folkert Jan van der Veer as a senior credit analyst

Singapore bank hires high yield credit trading head, says Reuters
Singapore bank hires high yield credit trading head, says Reuters

Thames River winds up emerging market credit fund, says FT
The Financial Times Alphaville blog reports that Thames River Capital is winding up its long-short emerging markets credit fund

Finra fines Icap $2.8 million and suspends former CDS broker
Finra fines Icap $2.8 million and suspends former CDS broker

Former bank global strategy head joins CreditSights
Independent credit research firm CreditSights announced today that Atish Kakodkar, former head of global credit derivatives strategy at Merrill Lynch in New York, has joined as a senior strategist.

Singapore firm launches Asia credit funds, Reuters reports
Singapore firm launches Asia credit funds, Reuters reports