Daiwa Securities

• Credit markets

Daiwa Securities SMBC launches managed synthetic CDO

Tokyo-based Daiwa Securities SMBC has launched its first managed synthetic collateralised debt obligation (CDO). The deal is worth ¥5.4 billion and is referenced to a portfolio of 100 Japanese credits.

• 16 Jul 2003

• People

Merrill Lynch snags two from SG in Asia

Merrill Lynch (Asia Pacific) has snatched two derivatives specialists from SG Securities Global Equities, in a move to strengthen its position in the region's equity derivatives markets, according to the bank.

• 11 Mar 2002