FRANKFURT, GERMANY - The Operational Riskdata eXchange Association (ORX), a not-for-profit venture to pool op risk loss data resources, expects its operational risk database to be operating by the end of 2002, Fred Peemoeller, chief risk officer, operational...
Liquidity in the European credit derivatives market remained weak following the US Labor Day holiday this week, with traders saying spreads "drifted outwards" following yesterday’s poor equity markets performance.
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany's Dresdner Bank, restructured its London credit derivatives business today.
Citigroup has made two hires to its foreign exchange business in Frankfurt, in a move that global forex head Richard Moore said underlines its commitment to the German market.
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany’s Dresdner Bank, has hired Paul Lewitt as director and head of credit derivatives flow trading based in London. The London hire follows a ramp-up of DrKW’s credit derivatives...
The price of credit default swaps for major US names tightened this week following two days of equity purchasing on Wall Street.
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany's Dresdner Bank, has hired Carlos Cala as director and senior structurer within its global credit derivatives team. Based in Tokyo, he will report to Rick Weinstein, London-based...
Dresdner Kleinwort Wasserstein (DrKW) has hired Fredrik Carstens, Anthony Frieze, Alison Briggs and Jay Schreyer to its newly-created agency securities lending team.
French technical analyst forecasting company BBSP has launched a service that charts and forecasts implied volatilities for currencies, officials at the firm said.
Commerzbank Securities, the investment banking division of Commerzbank, has appointed Avril Pomper as head of credit sales in London.
Dresdner Kleinwort Wasserstein (DrKW) has launched a prime brokerage business, offering financing and support services to hedge funds and alternative investment funds.
Dresdner Kleinwort Wasserstein (DrKW) has continued to expand its credit derivatives team and hired Hideyuki Kudo in Japan and Hans-Juergen Brasch and Kaveh Taleghani in London.
Dresdner Kleinwort Wasserstein (DrKW) has established a new capital markets division by merging its equity and debt markets operations to offer fully integrated cash and derivatives services to clients.
Commerzbank Securities, the investment banking division of Commerzbank, has moved Kristian Sharp to head its North American credit trading division and made two new hires.
Germany’s Dresdner Kleinwort Wasserstein (DrKW) has hired Yoshikazu Kobashi from Morgan Stanley Japan to oversee the bank’s corporates and pensions marketing in Japan. Kobashi’s team will offer risk management solutions to corporates and pensions,...
Japan's financial market regulator, the Financial Services Agency (FSA), has suspended Dresdner Kleinwort Wasserstein (DrKW) from trading over-the-counter (OTC) derivatives for five days. This follows an inspection that resulted in claims the German bank...
German investment bank Dresdner Kleinwort Wasserstein (DrKW) has recruited two JP Morgan Chase officials to fill vacant positions in its fixed-income derivatives team in Tokyo.
Dresdner Kleinwort Wasserstein (DrKW) has hired Jun Harata as managing director and head of interest rate derivatives trading in Japan.
The events of Sept. 11 brought increased attention and confusion to the practice of managing operational risk.
Dresdner Kleinwort Wasserstein has hired Masanori Katagiri as director and head of equity derivatives structuring in Japan.
Dresdner Kleinwort Wasserstein (DrKW) has expanded its equity derivatives business with the hire of Areski Iberrakene as its deputy head of equity derivatives trading. He is due to join the bank next week.
Dresdner Kleinwort Wasserstein (DrKW) has hired two ex-Gen Re staff to boost its credit derivatives team in New York.
Firms tackling high-speed and information-intensive tasks such as straight-through processing or risk management without accurate instrument and counterparty reference data may be taking enormous operational and credit risks. Clive Davidson reports on...
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has signed a licensing agreement with PFS Trader Tools to use its DS2000 gateway for real-time data dissemination from its London, Frankfurt, Singapore and New York offices....