Bank boosts UK credit sales team with hire
A bank has added to its UK sales team in London

Structured credit trading head resurfaces at asset manager
Structured credit trading head resurfaces at asset manager

Bank hires EM credit trader
Bank hires EM credit trader

US hedge fund giant sets up structured finance advisory
US hedge fund giant sets up structured finance advisory

French bank hires experienced trader for flow CDS
A French bank has hired a well-regarded trader to cover flow corporate credit default swaps

Former bank sales and trading heads form agency broker
Former bank sales and trading heads form agency broker

ICE announces launch of European CDS clearing
ICE hires JP Morgan e-commerce specialist, as dealers aim to show regulators that European clearing is on track

French bank loses another senior high yield salesperson
French bank loses another senior high yield salesperson

Investment firm loses second co-founder
Investment firm loses second co-founder

Cohen & Co makes big name hire to lead European expansion
Cohen & Company has hired a well known capital markets figure to lead the expansion of its European brokerage business

French bank builds up credit sales teams
A French bank says hires in its institutional credit sales team demonstrate its commitment to continue to grow both its flow and credit solutiion businesses

French bank gains one and loses one senior credit salesperson
French bank gains one and loses one senior credit salesperson

Banks rush to hire in high yield salespeople
High yield credit salespeople are fast becoming the market’s hottest commodity. With spreads rallying and high yield issuance rising, banks are said to be keen to hire specialists just as the relatively small pool of talent has been reduced by the recent outflow of salespeople to agency brokers. “Agency brokers stole a march by hiring high yield salespeople during their aggressive expansion,” says Guy Blench, consultant at Elliott Ross in London. “Now banks and interdealer brokers are realising that there is a lot of high yield business to be done. In Europe that includes opportunities in places such as Norway and Germany.”

Distressed head sets up speciality lender
The former co-head of Merrill Lynch’s global distressed desk is part of a group looking to set up a speciality finance lending business, sources say

Goldman Sachs and JP Morgan loan traders switch to private side
Banks are splitting their European high yield business into two separate areas

Nomura expands flow credit trading
Nomura’s expansion into the European credit market-making arena continues apace with rumours of a new high profile hire

Credit specialists team up to launch multi-strategy fund
An ex-Credaris trading trader is joining forces with a former and another fund management specialist to launch a new credit hedge fund