Pimco appoints European product managers
Pimco appoints European product managers

BNP Paribas latest bank to shutter funds on subprime scare
BNP Paribas latest bank to shutter funds on subprime scare

Investor sues Bear Stearns Asset Management, reports New York Times
The New York Times reports that Bear Stearns is being sued by Delaware-based Navigator Capital Partners

S&P threatens to downgrade Radian
Standard & Poor's says it has put Radian's counterparty credit ratings of A on CreditWatch negative

S&P says Alt-A credit watch moves will not impact CDO ratings
Standard & Poor's said today's negative CreditWatch placements for ratings of RMBS backed by Alt-A collateral is not expected to have an impact on CDOs.

Tranche growth adds to Primus credit portfolio
Listed credit derivative products company Primus Guaranty recorded a $21.5 loss in Gaap-accounting terms in its second quarter

CLO investor freezes fund redemptions
CLO investor freezes fund redemptions

Reuters reports IKB subprime exposures at €17.5 billion
Reuters reports that Germany’s IKB has €17.5 billion of exposure to US subprime mortgages

Incomplete corporate credit deals double in a fortnight, says Barings Asset Management
Baring Asset Management’s analysis of industry figures has revealed that, in the last fortnight, an additional 13 corporate loan or bond deals have been postponed or reduced, representing just under $43 billion since 20 July

Bear funds file for bankruptcy, reports AP
Bear funds file for bankruptcy, reports AP

Bear freezes third ABS hedge fund, reports Bloomberg
Bear freezes third ABS hedge fund, reports Bloomberg