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Funds
Traders exit as Citi rejigs US credit trading desk, reports Bloomberg
Tuesday, January 17, 2012
Bloomberg reports that Citi has reshuffled its US credit trading desk, with Scott Balkan taking over from Rohit Bansal, as head of distressed debt trading. David Cohen will take over Balkan’s role as head of high grade credit trading.
Bansal is leaving the bank, according to the article, along with high yield trading head Chris Yanney, whose role is being taken on by loan trading head James Nessel, according to the article.
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Trading
Structured
CFlux secondary
CLO index levels:
| Index | 14 May |
|
| CFlux USD AAA | ↑ | 96.0 |
| CFlux USD AA | ↑ |
87.7 |
| CFlux USD A | ↑ | 85.1 |
| CFlux USD BBB | ↓ | 77.2 |
| CFlux USD BB | ↑ |
75.9 |
| CFlux USD EQ | ↓ | 76.7 |
