Hsbc distressed debt trading
Director, Distressed Credit/Special Situations Trading at HSBC Global Banking credit (cash, CDS, bank debt and trade claims), equity (cash and derivatives), 7 Dec 2015 HSBC is looking to boost investment banking profits by packaging more Dennis Lafferty, one of Goldman Sachs' top distressed-debt traders, 1 Sep 2015 Dennis Lafferty, one of Goldman Sachs Group Inc.'s top distressed-debt traders, is in talks to join HSBC Holdings Plc to run a new loans and 29 Mar 2019 distressed debt market in 2018 and expectations It is hoped any comprehensive trade agreement 21 www.gbm.hsbc.com/insights/growth/.
Andrew founded HSBC’s loans and special situations group in Asia Pacific in 2016 and has over 17 years’ experience in illiquid and distressed credit. At HSBC, the business is focused on loan trading across the credit spectrum from par to distressed and private credit transactions leveraging off HSBC’s strong middle market corporate reach in the region.
Distressed debt and credit is a comparatively small but growing sector of the private equity and hedge fund market with approximately $250B in AUM spread across approximately 120 US based funds 1. The sector is focused on investment opportunities that involve any credit instrument that is trading at a significant discount with a greater than average spread for its industry. HSBC, the world's third biggest bank, plans to increase its distressed debt fund by up to one billion dollars within the next year, one of its top executives said on Wednesday. HSBC Halbis Partners is offering a distressed debt fund. The HSBC Distressed Opportunity fund, managed out of New York by Kim Golden aims to generate absolute returns on low volatility. The portfolio was backed at launch by $50m of HSBC investment capital. HSBC Halbis Partners has launched a distressed debt fund. The HSBC Distressed Opportunity fund, managed out of New York by Kim Golden aims to generate absolute returns with low volatility.
While there is no hard and fast rule for what makes a "distressed" investment, it's generally accepted that distressed debt trades at a huge discount to par value (think $400 for a $1,000 bond, for instance) because the borrower is under financial stress and at risk of default.
8 Dec 2019 Pimco, CQS, Hayfin all have plans to launch funds investing in of junk-rated debt trading at a level that signals severe financial distress. Trade from $19.95 per trade up to $20,000 and 0.11% for trades over $20,000. Access a range of investment opportunities like shares, Exchange Traded Funds ( 28 Mar 2019 trading on the regulated market of the London Stock Exchange plc (the "London Stock Exchange") which is a regulated of financial distress of the Issuer. https ://www.hsbc.com/-/files/hsbc/investors/investing-in-hsbc/all-. Raffelsbauer's role at Cantor is unclear, but it's a given that he'll be joining in a senior credit trading capacity. Before joining HSBC in 2014, he was the head of high yield, leveraged loans, distressed debt and special situations trading at BNP Paribas. HSBC, the world's third biggest bank, plans to increase its distressed debt fund by up to one billion dollars within the next year, one of its top executives said on Wednesday. indeed what the world of distressed investing has been waiting for, since its last golden age in the aftermath of the bursting of the tech bubble in 2000. CCC 21.2% NR 1.1% B 49.2% BB 22.7% The vultures are circling… The well-publicised demise of Enron in 2001 and WorldCom a year later helped to provide distressed debt investors with staggering returns
Distressed-debt investor Howard Marks: ‘I don’t think we’re in a bubble’ UBS slashes bonuses by 14% and top executives face further cuts Accenture’s head of financial services in Europe retires after 32 years
Trade from $19.95 per trade up to $20,000 and 0.11% for trades over $20,000. Access a range of investment opportunities like shares, Exchange Traded Funds ( 28 Mar 2019 trading on the regulated market of the London Stock Exchange plc (the "London Stock Exchange") which is a regulated of financial distress of the Issuer. https ://www.hsbc.com/-/files/hsbc/investors/investing-in-hsbc/all-. Raffelsbauer's role at Cantor is unclear, but it's a given that he'll be joining in a senior credit trading capacity. Before joining HSBC in 2014, he was the head of high yield, leveraged loans, distressed debt and special situations trading at BNP Paribas. HSBC, the world's third biggest bank, plans to increase its distressed debt fund by up to one billion dollars within the next year, one of its top executives said on Wednesday. indeed what the world of distressed investing has been waiting for, since its last golden age in the aftermath of the bursting of the tech bubble in 2000. CCC 21.2% NR 1.1% B 49.2% BB 22.7% The vultures are circling… The well-publicised demise of Enron in 2001 and WorldCom a year later helped to provide distressed debt investors with staggering returns
Trade from $19.95 per trade up to $20,000 and 0.11% for trades over $20,000. Access a range of investment opportunities like shares, Exchange Traded Funds (
Nomura Holdings Inc’s main distressed-debt trader in London, Shaun Barlow, has left the Japanese brokerage, according to people familiar with the matter. Barlow’s exit is linked to Nomura pulling back from distressed-debt trading, one of the people said, asking not to be identified because the details are private. Dennis Lafferty, one of Goldman Sachs Group Inc.’s top distressed-debt traders, is in talks to join HSBC Holdings Plc to run a new loans and special situations unit in New York, according to two people with knowledge of the matter. Director, Distressed Credit/Special Situations TradingHSBC Global Banking and MarketsFebruary 2018 – Present 1 year 7 months Greater New York City Area. • Responsible for running distressed credit trading desk, including market making and firm proprietary risk positions. Andrew Silverman, distressed debt trading, Goldman Sachs Silverman is a Harvard graduate a reportedly a mathematical genius who has been fast-tracked through the ranks at Goldman Sachs. If this distressed firm emerges from bankruptcy and the debt goes from 20 cents on the dollar to 80 cents on the dollar, the hedge fund will make a 300% return on its investment and a 3% return on Distressed debt is a part of the leveraged Leverage Ratios A leverage ratio indicates the level of debt incurred by a business entity against several other accounts in its balance sheet, income statement, or cash flow statement. Leverage ratios include debt/equity, debt/capital, debt/assets, debt/EBITDA, and interest coverage. Distressed debt and credit is a comparatively small but growing sector of the private equity and hedge fund market with approximately $250B in AUM spread across approximately 120 US based funds 1. The sector is focused on investment opportunities that involve any credit instrument that is trading at a significant discount with a greater than average spread for its industry.
7 Dec 2015 HSBC is looking to boost investment banking profits by packaging more Dennis Lafferty, one of Goldman Sachs' top distressed-debt traders, 1 Sep 2015 Dennis Lafferty, one of Goldman Sachs Group Inc.'s top distressed-debt traders, is in talks to join HSBC Holdings Plc to run a new loans and 29 Mar 2019 distressed debt market in 2018 and expectations It is hoped any comprehensive trade agreement 21 www.gbm.hsbc.com/insights/growth/.