Tullett Prebon

Deutsche begins market-making leveraged loan CDS

Deutsche Bank's London office has begun to trade credit default swaps based on European leveraged loans (LCDS) this week. The German bank had executed trades before, but it is now actively making markets and showing pricing runs for more than 20 names.

Collins Stewart Tullett ends takeover talks

Collins Stewart Tullett, which owns interdealer broker Prebon Tullett, called off its takeover talks yesterday, causing its share price to tumble 65p to £5.55 during morning trading on the London Stock Exchange on Thursday.

Icap bolsters structured credit team

Inter-dealer broker Icap is raising the stakes in the competitive structured credit broker market with three new appointments – two of which were poached from rival CreditTrade.

Tullett appoints new CEO

Tullett Financial has changed its name following the merger with Prebon and named G. Andrea Danese as chief executive. The company will now be known as Tullett Prebon Information.

Prebon brokers walk

Prebon Yamane in Singapore has been rocked by the resignation of a large number of its broking staff. Over 50 employees including numerous senior brokers have left Prebon in the Lion City to join rival company BGC, the brokerage arm of Cantor Fitzgerald.

Shock FX fowards job losses at Tullett

Tullett Liberty has suffered a surprise defeat in the integration of its foreign exchange business with that of rival Prebon Yamane, according to RiskNews ' sister publication FX Week .

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