Daily news is available exclusively to Creditflux subscribers.  The most recent headlines include:

Correlation traders propose switching to new trading format
All change at UK bank as global credit head departs
CMBX collapse spooks credit market
Construction company's missed payment triggers LCDX credit event
Bank hires trader for European ABS role
New York manager gains CDO of ABS mandate
CDO investor slashes valuations to 28% of par
LCDX moves down as constituent defaults
Junior IG tranches push wider
Broker reports slower growth in credit
New York broker-dealer loses structured credit veterans
Manager merges businesses into new cross-credit unit
Market gets ready for jumbo $3.2 billion CDO liquidation
Buyer seeks triple A CLO positions at 500-600bp
Offers wanted on CLO list due today
Bank hunts out triple A CLOs in the secondary market
Monoline removes CDO of ABS manager
Gaming group default could push CLOs to breach OC tests
Bids due today on high grade ABS CDOs
Liquidating CDO throws off ABS CDO and trups CDO bid lists

[more...]

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