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Trading
Deutsche names Sprenger as head of ABS trading, reports Bloomberg
Wednesday, April 21, 2010
Bloomberg reports that Deutsche Bank has made Pius Sprenger head of ABS and CDO trading, presumably in New York. He replaces Greg Lippmann, who is said to be joining a buy-side firm being set up by Deutsche’s former global markets head Fred Brettschneider. Sprenger previously ran ABS and CDO trading in London.
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Funds
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 |
