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Deutsche Bank loses distressed credit head, says WSJ
Friday, January 27, 2012
The Wall Street Journal reports that Deutsche Bank's head of distressed credit trading in the US, CJ Lanktree, has left and is looking to set up a distressed debt hedge fund. According the article, based on unnamed sources, the bank has promoted Chad Valerio to run the business, while Matt Siravo steps into the role vacated by Scott Martin, who has left to join Lanktree’s new venture.
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Structured
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CFlux secondary
CLO index levels:
| Index | 20 Feb |
|
| CFlux USD AAA | ↓ | 94.9 |
| CFlux USD AA | ↑ | 86.5 |
| CFlux USD A | ↑ | 77.4 |
| CFlux USD BBB | ↑ | 74.1 |
| CFlux USD BB | ↑ |
72.7 |
| CFlux USD EQ | ↓ | 70.4 |
