People and Firms

Pali Capital Launches HY Trading Desk

In its first move into high yield bonds, Pali Capital, the U.S. broker-dealer subsidiary of Pali Holdings, has launched a high yield trading desk in New York...

Wachovia Hires Goldman To Help With Loan Portfolio

Wachovia has hired Goldman Sachs Group for advice on its loan portfolio, The Associated Press reported last week...

Two Senior Managers Return To Lehman

Lehman Brothers said last Tuesday it has brought back two senior managers. Michael Gelband will return to serve as global head of capital markets, and Alex Kirk has rejoined as global head of principal investing...

RBC Snags Two More From Citi

RBC Capital Markets has brought on two long-time Citigroup chiefs: Paul Zingarini joins as managing director and head of secondary loan trading and Richard Rothschild joins as a managing director within the firm’s global syndicated finance sales group, the bank said today.

BMO Investments Kicks Off High Yield Fund

BMO Investments yesterday launched the BMO U.S. High Yield Bond Fund. The new fund will invest primarily in securities with a credit rating below BBB and use bottom up quantitative and fundamental analysis...

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