The UK's HSBC has set up a proprieatry foreign exchange trading desk in New York to be run by Dominic Larche.
HSBC has appointed Craig Squire as head of structuring for London conduit securitisation, which involves the repackaging and securitisation of a number of asset pools via a single company, rather than the traditional use of special-purpose vehicles.
HSBC has appointed Chris McHugh, former global head of structuring at CSFB, as European head of foreign exchange derivatives structuring.
French technical analyst forecasting company BBSP has launched a service that charts and forecasts implied volatilities for currencies, officials at the firm said.
HSBC has hired Ivan Wong from Citigroup as head of risk management advisory for the Asia-Pacific region, according to a source at the bank.
HSBC has bolstered its structured derivatives team in Asia with the appointment of Ka Lok Chau from Crédit Agricole Indosuez in Hong Kong. Chau will focus on product development and pricing models, according to John Flint, head of regional fixed-income...
HSBC is to expand its structured derivatives team in Asia in an attempt to leverage off its interest rate and currency swaps business.
LONDON - Combining risk transfer with risk financing might be one way of resolving regulator doubts about the use of insurance to mitigate operational risk under the proposed Basel II accord.