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Deutsche Bank said to have mismarked 37 loans

Deutsche Bank - External

Deutsche Bank, indicted for colluding with Banca Monte dei Paschi di Siena SpA to conceal the Italian lender’s losses, mismarked the transaction and dozens of others on its own books, according to an audit commissioned by Germany’s regulator.

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Mizuho Americas makes new addition to fixed income team

Mizuho Americas announced the addition of Subhathra Pavan to its fixed income sales team. In her new role, Pavan will focus on expanding the firm’s fixed income distribution capabilities in a number of securitized product areas critical to Mizuho’s growing US client base. In addition, Pavan will lead all domestic bank and government-sponsored enterprise (GSE) sales coverage strategy for the US fixed income business.

Hedge Fund

Hedge fund veteran says it's a tough time

Hedge funds are facing the most challenging time Tiger Management’s Julian Robertson said he’s seen in an investing career spanning several decades, and the industry pioneer cautioned that their days of charging hefty fees may be over.