Rallye races towards over 50s club in CDS as Astaldi faces Crossover index ejection
Rallye, the parent company of supermarket chain Casino Guichard-Perrachon and a former fellow-constituent of credit default swap index iTraxx Crossover, has surged wider to near 50 points up front in five-year CDS trading

Barclays hires another senior EM trader as Turkey continues to roil markets
Barclays has made an experienced hire to its EM credit trading team in London

TD builds out European credit trading arm with key hire
The Canadian-based investment bank has strengthened its European credit trading business with a senior credit trading official 

Mediobanca hires experienced credit trader to build out loan franchise
Mediobanca has appointed an ex-Deutsche Bank senior credit trader as head of loan trading

BNP Paribas hires global credit strategy head
BNP Paribas has appointed a global head of credit strategy and desk analysts.

Parex's bond for loan swap traps CDS holders
French cement firm's move leaves hedge funds abandoning orphan