Lehman to run first credit derivative IPO

Primus Guaranty, the credit derivative specialist, has filed to float on the New York Stock Exchange.

The offering will be the first from any dedicated credit derivative firm and will test the appetite for such investments.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink