Sector: Debt / Fixed Income
Ixis pushes into fixed income
Ixis Corporate and Investment Bank’ s Hong Kong arm is currently bulking up its sales effort with several hires into fixed-income and equity derivatives and plans to expand into North and South-East Asia. Thierry Gunard, head of sales for Asia Pacific in Hong Kong, said the French group was moving “country by country” and already [...]
CDO pros hard to come by
With the market for collateralised debt obligations (CDOs) growing ever larger, recruiters report no let up in demand for CDO-structuring and marketing talent in Asia. “There’s just a huge shortage,” says one search consultant in Hong Kong. “It recently took me four months to find a vice president-level CDO structurer, and she only had eight [...]
Citi to beef up hybrid trading
News reports suggest Citigroup is preparing to follow in the footsteps of Goldman Sachs, JP Morgan and Morgan Stanley in forming a regional hybrid trading desk in Asia. Derivatives Week says the new desk will be a standalone joint venture between the debt and equity divisions, staffed by an initial team of three people. At [...]
CDOs power ahead but RMBS hiring may falter
UBS is preparing to add collateralized debt obligation staff (CDO) in New York, London and Asia according to a news report. Securitisation News says the Swiss bank is understood to be looking for between four and six origination and structuring professionals for its 12-strong New York-based CDO product development group. In London, it is said [...]
HK
