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Calyon Strengthens Its Credit Markets & CDO Franchise in the US With Four New Hires.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Calyon, the corporate and investment bank of the Credit Agricole Group, today announced that it has added four new professionals in Credit Markets & CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the , further strengthening its franchise in the US.

Credit Markets & CDO Trading Americas

Three new hires have joined Calyon Credit Markets & CDO Trading in the Americas. They report to Thomas Spitz spitz

Any of several northern dogs, including the chow chow, Pomeranian, and Samoyed, characterized by a dense, long coat, erect pointed ears, and a tail that curves over the back. In the U.S.
, Head of Credit Markets & CDO Trading Americas.

* David Kranich joins as a High Yield Trader. David brings more than 12 years high yield trading experience including six years at Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. .

* Rohin Saluja joins as a Correlation Trader. Previously, Rohin worked at Goldman Sachs and was part of the quantitative team responsible for developing pricing models for structured credit products.

* Behr Rahaii joins as an ABS/Cash CDO Trader. He most recently worked at Fieldstone field·stone  
n.
A stone occurring naturally in fields, often used as a building material.

Noun 1. fieldstone - stone that occurs naturally in fields; often used as building material
 Capital Group, where he was in charge of providing Cash CDO quantitative analysis Quantitative Analysis

A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision.

Notes:
 to sales and customers.

Credit Markets & CDO Structuring Americas

* David Perry joins as Head of US Synthetic Structuring. Coming from Barclays Capital, David brings a strong expertise on synthetics in the US and North America. He reports to Zain Abdullah, Head of Credit Markets & CDO in the Americas.

These additions reinforce the bank's top tier position in areas such as Structured Credit and Cash CDO and will help accelerate Calyon's growth in the High Yield franchise following the Company's success in Europe in this market.

"This is a first wave of our previously announced expansion of Calyon's Credit Markets & CDO platform in the US and emphasizes our commitment to growth on all fronts -- Structuring, Trading and Distribution," said Looc Fery, Managing Director and Global Head of Credit Markets & CDOs. "We expect to announce additional appointments in the next few weeks."

"Calyon is one of the leading banks in terms of innovation both in the Cash Flow Securitization Securitization

The process of creating a financial instrument by combining other financial assets and then marketing them to investors.

Notes:
Mortgage backed securities are a perfect example of securitization.

May also be spelled as "securitisation.
 and the Synthetic space. We see the Americas as one of the leading areas for growth and are extremely well positioned to achieve our goals," said Zain Abdullah.

"Having established ourselves as a leading player in the Structured Credit area (correlation, synthetic and cash CDO), our aim is to leverage those successes, maintain our growth in those sectors and develop our franchise in other activities such as High Yield trading, where we are setting up a platform that will encompass Bonds, CDS and Leveraged Loan trading," added Thomas Spitz. "In addition, having all trading activities (structured and vanilla trading) under one 'roof' enables us to remain at the forefront of innovation and to better meet our customers' needs."

ABOUT CALYON

Calyon is Credit Agricole's Corporate and Investment Banking entity. With a staff of 13,000 employees in more than 55 countries, Calyon is active in a broad range of Capital Markets, Investment Banking and Financing activities.

Calyon's Credit Markets & CDOs team has 180 people globally, including 80 dedicated credit sales staff involved in CDOs and structured credit distribution. It also includes a high-profile global structured credit platform with more than 80 structurers and structured credit traders globally. Calyon is a leading CDO arranger in both synthetic and cash products.

Calyon in the Americas offers corporate and institutional clients the latest in financial products & services through its three main entities: the banking unit Calyon, the full service broker-dealer Calyon Securities (USA) Inc. which is a member of the NYSE NYSE

See: New York Stock Exchange
 and NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
, and, for financial and commodities futures, Calyon Financial, which is registered with the CFTC CFTC

See: Commodity Futures Trading Commission


CFTC

See Commodity Futures Trading Commission (CFTC).
. Calyon structures, originates and distributes financial solutions for both domestic & international clients, drawing on proven capital market expertise coupled with in-depth knowledge of the US & Latin American markets. It provides capabilities in project finance, securitization, syndications, derivatives, foreign exchange, fixed income, and ABS origination and distribution, as well as comprehensive advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and capital market solutions.

www.calyon.com

www.calyonamericas.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 20, 2006
Words:628
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