Credit Management and Structured Credit
Credit Management and Structured Credit
This segment incorporates the trading and structuring activities of credit instruments within Capital Markets.
The Bank is active in structuring credit products for its clients in a variety of instruments, including synthetic and cash Collateralized Debt Obligations, first-to-defaults and Credit Linked Notes according to the desired risk-reward requirements of the client. In this way the Bank can meet the demands of the client either looking to take exposure to such products or hedge existing exposures. The Bank risk-manages any resulting risk of such transactions within the existing risk limits.
DEPFA actively trades sovereign and sub-sovereign debt in developed markets, with a smaller activity in emerging markets and emerging markets repo. Trading activities are based on the Bank’s experience of the directional flows in the public bond markets and are client focused. The Bank also manages books in Credit Default Swaps relating to public sector and infrastructure assets, which are increasingly generated from the Bank’s client relationships.
Contacts
Charles Hayes
Head of Credit Management and Structured Credit
Managing Director
Phone: +44 20 7290 8499
E-mail: charles.hayes@depfa.com
Bradley Davidoff
Head of Credit Management (Americas)
Managing Director
Phone: +1 212 905 4607
E-mail: bradley.davidoff@depfa.com
Steve Knox
Director
Phone: +44 20 7290 8486
E-mail: steven.knox@depfa.com
Nick Kibblewhite
Director
Phone: +44 20 7290 8471
E-mail: nick.kibblewhite@depfa.com
