TCW Group

TCW Group hires CDO manager

Los Angeles-headquartered asset manager, TCW Group, a subsidiary of Société Générale, has hired Edward Steffelin for its New York office.

Weasel parade

Investment bank CIBC has been found guilty of multiple counts of deception in underwriting a bond deal for cosmetics company Renaissance. Linda Corman reports on the evidence that emerged from the court case.

Extreme Outsourcing

"Lift-out" outsourcing projects by major institutional firms prime the pump for the rest of the industry.