ABN Amro
More power to the banks
Banks now have greater freedom to participate in derivatives markets based on physical commodities thanks to two recent ruling by US regulators. As a result, the balance of power looks set to shift from Houston to New York. By Paul Lyon
ABN Amro appoints Mullen to head hedge fund sales
Dutch bank ABN Amro has appointed Alistair Mullen as global head of hedge fund sales in London.
Energy firms turn to overlay
Energy companies face a tough future over pension provisions – a problem that could well exacerbate credit deterioration. Paul Lyon finds that innovative use of currency overlay could provide some form of refuge
ABN Amro delves into global OTC oil and gas derivatives
Dutch bank ABN Amro has started to offer its clients oil and gas hedging services, as part of its financial markets business, which incorporates debt capital markets, structured lending and risk management activities.
ABN Amro adds to global currency options team in Asia
Dutch bank ABN Amro has hired Clifford Bayne as an exotic options specialist in Asia, in a move to boost the bank's global currency options capabilities within its recently established financial markets business.
ABN Amro selects SunGard’s Credient
ABN Amro has signed up to use SunGard Trading and Risk Systems’ credit portfolio analysis and counterparty exposure tracking system, Credient, for global credit risk management and control. The Dutch bank will use Credient for trading portfolio credit…
ABN Amro creates financial markets advisory team in Australia
ABN Amro has created a new financial markets advisory team, aimed at offering market risk and debt advisory services to financial institutions and corporates in Asia and Australia.
Derivatives marketer Major to head ABN financial markets advisory
Greg Major, head of derivatives marketing for Asia-Pacific at Dutch bank ABN Amro, is relocating from Singapore to London to take on a new position as global head of financial markets advisory (FMA).
Debate and controversy mark Op Risk 2003 events
Delegates at the fifth annual Operational Risk and Risk magazine operational risk conferences in London and New York this March were treated to what one speaker described as a "smorgasboard" of discussions on the subject. Attendees could choose from…
Risk Europe 2003: Industry worried about ‘level playing field’ implementation of Basel II
Bankers and their banking associations are increasingly concerned that the new bank capital Accord Basel II and its European equivalent CAD3 may not be implemented in a consistent manner in different national jurisdictions. These fears were expressed…
Hong Kong banks ready SARS contingency plans
Banks are readying contingency plans for FX trading in Hong Kong, as a potentially fatal pneumonia virus grips the trading centre.
Hong Kong banks ready SARS contingency plans
Banks are readying contingency plans for FX trading in Hong Kong, as a potentially fatal pneumonia virus grips the trading centre.
ABN Amro creates new global head of rates research role
ABN Amro has appointed Graham McDevitt to the new role of global head of rates research in the bank’s financial markets business. McDevitt was previously head of credit strategy.
RBS hires North American FX structurer
The North American financial markets division of Royal Bank of Scotland (RBS) has hired Robert Jen from ABN Amro as vice-president in foreign exchange structuring.
ING hires director and head of financial engineering in Asia
ING has hired Geoff Parsons in a newly created role as director and head of financial engineering in Asia.
ABN Amro expands structuring and advisory capabilities in Asia
Dutch bank ABN Amro has significantly bolstered its financial institutions and public sector group in Asia with the addition of 10 new hires, as it looks to extend its structuring and advisory capabilities across the region.
Ahold credit protection trading on upfront-only basis
Credit protection for Dutch retailer Ahold is now trading on an upfront basis only following the company's admission of accounting irregularities.
EIB to outsource derivatives collateral management
The European Investment Bank (EIB), the financing institution of the European Union, is set to outsource its derivatives collateral management activities to Dutch bank ABN Amro.
ABN Amro revamps financial markets operations
ABN Amro has combined its global financial markets unit with its loan products division, as part of a major overhaul of its financial markets business.
BoA hires mainland China head
Bank of America (BoA) has hired Helen Pun as managing director, head of mainland China for bank and non-bank financial institutions. Based in Hong Kong, she assumes responsibility for marketing structured and cross-border products across the mainland…
ABN and Deutsche roll out iBoxx 100-linked note
ABN Amro and Deutsche Bank have joined forces to launch a credit default swap product linked to the iBoxx 100 index. The iBoxx 100 note reflects the performance of the top 100 names in the iBoxx euro corporate overall index, weighted by their duration…
ABN Amro hires head of European bank origination
ABN Amro has hired Tim Skeet, a senior debt capital markets banker, as head of European bank origination.
ABN Amro names swaps expert King as Taiwan country rep
ABN Amro Taiwan has made Terry King its country representative, in addition to his existing role as head of financial markets of ABN Amro Taiwan, a position he has held since 2001.
Commerzbank cuts in London
Commerzbank has shed four foreign exchange jobs in London, a source at the bank told RiskNews ' sister publication FX Week . Among the departures was Behnouche Mostachfi, a senior FX options trader, the source confirmed. Another un-named options dealer,…