Deutsche Bank AG’s US distressed products group more than doubled its net profits in the first quarter, partly driven by shorting a basket of software companies debts, according to people familiar ...

Citigroup Inc. is reportedly closing its distressed-debt business as Chief Executive Jane Fraser continues her overhaul of the major Wall Street bank. Back To Top ...

NEW YORK, June 27 (Reuters) - Citigroup Inc , which began cutting thousands of trading and investment banking jobs this week, said on Friday it is reorganizing its proprietary trading desk that ...

BTIG has enhanced its high yield and distressed desk analytics team with the appointment of managing directors. The U.S. institutional brokerage and fund services firm has hired Elie Radinsky as ...