French investment bank Calyon has revealed plans to increase headcount in its structured credit markets division by more than a third next year, as collateralised debt obligation issuance rose year-on-year to near a fresh peak of €80bn ($106bn).

Calyon, the corporate and investment bank of France's Crédit Agricole, yesterday said it would increase the number of specialists in its credit markets and collateralised debt obligations group from 180 to more than 240.