Sentence examples for bond division from inspiring English sources

Mr. D'Auria, also 31, works in New York as a director and a senior member of the structured credit team, in the bond division, of Deutsche Bank.

But even now, two decades later, he still recalls how he ran up big losses at First Boston's bond division in 1986.

Merrill Lynch wrote down $4.5 billion in debt linked to home loans and ousted two senior executives in charge of its bond division.

As head of the junk bond division of Drexel Burnham Lambert Inc., Mr. Milken was the senior general in the takeover wars that raged through corporate American in the 1980's.

Such a trend was mirrored 10 years ago in the firm's bond division, when the increased efficiencies gained from technological innovation decreased the influence of the fixed-income salesman.

Out in the company's offices in Beverly Hills, Michael Milken -- head of the junk bond division -- stood as the chief marshal over that market, with a power to determine which debt-laden companies would thrive and which would be swallowed up by competitors.

For some countries, the result has been a sharp drop-off in trading volume — the mother's milk of bank profits — raising questions within capital-constrained banks in Europe about how much longer they will stick with their overstaffed bond divisions.

Of course, a 50-50 stock-bond disision is relatively conservative.

Drexel Burnham Lambert Inc. was done in by securities crimes in its junk-bond division, for example; E. F. Hutton & Company was destroyed by wire and mail fraud; Perrier was tainted by efforts to minimize the extent of contamination of its bottled water; and the Columbia/HCA Healthcare Corporation was disgraced by a massive health care fraud.

UBS, the troubled Swiss banking giant, is expected to announce on Tuesday that it plans to sell its municipal bonds division, according to a person with knowledge of the firm's plans.

Jenkins, named as Diamond's replacement in the wake of the 2012 Libor rigging scandal, is reportedly considering pulling out of loss-making high street operations in continental Europe, scaling back the bond trading division and setting up a noncore division.