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Risk magazine

Deutsche Bank adds to mortgages team

In the latest of a raft of hires to its mortgages team, Deutsche Bank has hired John Critelli as a senior structurer in its agency collateralised mortgage obligation (CMO) group.

TriOptima terminates €420 billion in rate swaps

The delayed first run of TriOptima’s swap tear-up service, TriReduce, eliminated 7,880 euro-denominated interest rate swaps with a notional value of €420 billion – or about a fifth of the notional value of the credit derivatives market.

Trac-x gains market maker support

BNP Paribas has signed up to make markets in the Trac-x Europe credit default swaps index initiative established by JP Morgan Chase and Morgan Stanley. Other major dealers are also looking into offering market making services in Trac-x products, with…

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