Verso default triggers CLO 2.0 market's first OC breach
A 2013 CLO US CLO has become the first post-crisis deal to trip an overcollateralisation test, according to CLO-i

Nomura hires head of flow credit trading in London
Nomura has appointed James Milligan as its new head of flow credit trading in London

UBS picks up flow loan trader in London
Flow loan trader joins Swiss lender after leaving rival dealer

Credit manager to take another shot at launching debut CLO
Two years after a planning a CLO debut, a US mid-market specialist has hired Nomura to revive the plan

Credit Suisse structured credit trader moves to rival bank in London
A structured credit trader has left Credit Suisse after 11 years in order to join another bank in a senior trading role

High yield sales specialist moves to UBS in London
Swiss bank poaches high yield sales specialist in London for leveraged sales role 

High yield and distressed debt specialists leave Nomura in New York
Three high profile figures have left Nomura's US high yield and distressed debt group over the last few days, according to sources close to the situation.

Former BNP credit structurer resurfaces at Nomura
Former BNP Paribas credit derivatives structurer Benjamin Hammond has resurfaced at Nomura, according to web postings

Natixis hires head of US credit trading from rival bank
Natixis has made another big credit hire in New York

Credit sales specialist joins Nomura in New York
New York-based credit specialist exits US-banking giant for Japanese lender 

Bank hires ex-Nomura official to fill void left by senior loan specialist
French lender snatches loan specialist from Japanese rival as replacement for recent loss 

Nomura cuts spill over into credit sales
More details emerge of departures from Japanese lender's credit teams  

Nomura takes an axe to London credit desks
Senior Nomura officials working in various departments such as high yield trading, financials trading, research and loan trading, have left the bank

Nomura credit trader joins hedge fund manager in New York
A hedge fund manager is stocking up on credit traders in New York

Former Nomura credit trader heads to rival dealer in New York
Credit trader leaves Japanese lender and resurfaces at rival dealer 

CLO trader leaves Goldman ahead of move to rival bank in New York
Market sources say that a CLO trader has left Goldman Sachs after almost 10 years at the bank.

Manager triumphs as it refinances takeover CLO
Triumph Capital priced a refinancing of its takeover CLO Doral II this week, according to market sources. The refinanced notes achieved very tight pricing, with the deal's funding costs falling by 25 basis points overall.  

Manager chooses Nomura to refinance takeover US CLO
Nomura is preparing a refinancing of the senior notes in Doral CLO II, according to an investor notice. The deal left its reinvestment period last month

Triumph prices third CLO following structural tweaks
The Dallas-based manager priced a $409 million CLO yesterday, its third in-house deal since it entered the market last year.

Startup manager sticks with Nomura for CLO number three
A Dallas-based CLO manager, which entered the market last year, is preparing its third in-house CLO in a $409 milion deal