French banking group BNP Paribas has hired Pierre Katerdjian to join its credit and rates marketing group in Australia. Katerdjian, who joins from Deutsche Bank where he traded Australian credit derivatives, will start on June 2.
German mortgage bank Eurohypo has bought Paris-based Fermat’s risk management suite for regulatory risk, credit risk and asset and liability management.
JP Morgan Chase has snatched Kelvin Wong from Deutsche Bank, appointing him as a managing director in the credit and rates business and head of credit sales in Asia ex-Japan.
The first survey of Italian derivatives dealers conducted by Risk Italia , the Italian language edition of Risk , found that international banks have a stronghold in the Italian derivatives market. But the results were also encouraging for Italian banks,...
Deutsche Bank has hired Denis McCarthy as director and head of institutional sales, Asia, for its global equity derivatives business.
Increased levels of intra-day volatility in the US interest rate derivatives market could make traditional approaches to estimating volatility unreliable, according to research by Deutsche Bank.
JP Morgan Chase, Deutsche Bank and Morgan Stanley have signed up for a new global credit default swap (CDS) matching service that the Depository Trust & Clearing Corporation (DTCC) plans to launch in June.
The delayed first run of TriOptima’s swap tear-up service, TriReduce, eliminated 7,880 euro-denominated interest rate swaps with a notional value of €420 billion – or about a fifth of the notional value of the credit derivatives market.
Despite the end of large scale hostilities in Iraq, continuing political uncertainty in the wake of the war is likely to cause increased intra-day US interest rates volatility in the short term, according to research by Deutsche Bank.
Deutsche Bank has hired Linda Fok as director and head of local corporate relationships in its global banking division in Hong Kong.
Banks are readying contingency plans for FX trading in Hong Kong, as a potentially fatal pneumonia virus grips the trading centre.
Deutsche Bank has hired Nicholas Letica as head of agency collateralised mortgage obligation (CMO) trading.
Barclays Capital has hired Chico Khan-Gandapur as a London-based managing director within its European rates sales team. Gandapur will start work in the newly created role within the next few months, a BarCap spokeswoman said.
Deutsche Bank has hired Raj Dhown, who previously sold structured interest rate and credit derivatives products at JP Morgan Chase, as head of UK, Scandinavia, Holland and Ireland fixed-income, cash and derivatives marketing.
In a post-Rusnak era, operational risk management is a high priority. Could the Financial Information eXchange messaging standard provide a safety net?
Market consolidation and a reliance on electronic trading in the foreign exchange markets could lead to an over-concentration of risk and liquidity among too few market participants, the European Central Bank has warned.
Deutsche Bank, Goldman Sachs and JPMorgan are negotiating the sale of their credit derivatives reference entity database, Red, to UK credit risk data company Mark-it Partners.
The recent crop of high-profile accountancy scandals has forced the US accounting regulator to clamp down on the 'creative' use of special purpose vehicles to shift liabilities off balance sheet. Saskia Scholtes investigates the ramifications for firms...
Fimat Group, the brokerage arm of French bank Société Généralé, has promoted a number of its staff in the Asia-Pacific, in a move aimed at reinforcing its position in the region.
Deutsche Bank, Goldman Sachs and JP Morgan, the backers of a credit derivatives reference entity database called Red, have confirmed they are in exclusive talks to sell their database to UK start-up company Mark-it Partners.
Deutsche Bank has launched two new indexes that track the performance of a small set of liquid commodities.
The fall of the US dollar in the past few months has sparked an increase in hedging activity among US companies, despite their reluctance to use hedges just six months ago.
Deutsche Bank has begun offering Singaporean retail investors access to a new Luxembourg-based yield enhancement fund. The move marks the first public offering of a structured fund under the Xavex brand, the Luxembourg-based asset managment entity of...
Mark-it Partners, a two-year-old company founded by senior bankers at Canada’s Toronto Dominion, is in advanced negotiations to set up a data pricing service for collateralised debt obligations (CDOs). If successful, this could become the first such...