Wachovia Builds European CDO platform

Pyburn, Allison
September 2006
High Yield Report;9/18/2006, Vol. 17 Issue 35, p1
The article reports on the development of the bank Wachovia Securities LLC in extending its U.S. global rates and collateralized debt obligations (CDO) platforms in Europe. The bank made several hires both in London-based global rates group and in Germany to support its growing European commercial real estate in Europe. The initiative arises as the Europe's first CDO deals backed by commercial real estate have circulated in the market.


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