American broker-dealers are opposed to some of the proposals recently published by the Basel Committee to improve the management of market risks.
Lehman Brothers has hired three former JP Morgan equity derivatives specialists to beef up its European business.
A wave of frenzied trading on Thursday afternoon was triggered by Standard and Poor’s downgrading of General Motors and Ford Motor, and their financing units, to junk status, driving credit spreads to record highs.
Lehman Brothers has hired Joonkee Hong as managing director and head of global finance, Asia-Pacific, in Tokyo.
Lehman Brothers has appointed Arnaud Apffel as co-head of European equity corporate derivatives, alongside Marco Di Prima in London. He will report to Philip Lynch, head of global finance in Europe and David Bizer, co-head of equity sales in Europe.
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has appointed six key directors to its foreign exchange businesses in London and Frankfurt.
JP Morgan Chase, which lost its head of exotics Chris French this month, has suffered two further defections from its team that won Risk’s ‘structured product award for innovation’ last year.
Lehman Brothers has transferred JS Kim, a senior vice-president in fixed income, from Tokyo to Seoul, in preparation for the launch of its onshore forex and interest rate derivatives business in the country, reports Risk’s sister publication, FX Week...
BNP Paribas, the French banking group, has restructured its credit research division after three members were poached by Lehman Brothers in September.
Deutsche Bank has hired Neil Ahuja and John Roach as head of mortgage-backed securities (MBS) and mortgage derivatives trading, respectively.
Lehman Brothers has taken three new credit strategists from BNP Paribas. The US firm has made Alan Capper chief strategist, along with David Brickman, and named Gregory Venizelos as a research analyst. They will be London-based, reporting to John Wilson,...
Inter-dealer broker GFI has completed the first stage of its rollout of CreditMatch, its electronic trading platform for credit derivatives.
Merrill Lynch has made a number of appointments to its Europe, Middle East and Africa (EMEA) equity-linked group in London. All will report directly or indirectly to Harry Lengsfield, head of EMEA global markets.
SG, the investment banking unit of France's Société Générale has made a number of appointments within its equity derivatives flow products sales team.
Lehman Brothers has poached Marco Di Prima from JP Morgan Chase as managing director responsible for German equity capital markets and European credit derivatives sales.
Currency options traders are finding themselves hotly pursued, as a series of high-profile moves around the world has set off a chain of demand, reports RiskNews’ sister publication, FX Week .
Lehman Brothers has hired Jimmy Kan as a senior vice-president to run its derivatives structuring group in Tokyo.
US investment bank Lehman Brothers has hired Jérôme Calvet as managing director and co-head of investment banking in France.
Lehman Brothers has hired two options traders in a continued expansion of its global currency options team, reports Risk’s sister publication FX Week . Lars Ahlgreen, formerly of Credit Agricole Indosuez, is set to join in London in April as a senior...
Lehman Brothers has raided rival investment house Merrill Lynch for a team of three foreign exchange options dealers in London, sources close to the bank told Risknews’ sister publication FX Week .
Deutsche Bank has named Gordon Wallace and Nitin Gulabani as co-heads of global foreign exchange trading.
New York-based Lehman Brothers has hired Jason Tilroe as managing director heading up marketing of fixed-income derivatives to corporate and public sector clients in Europe. It is a new position created by the bank’s expansion in European derivatives...
Global commercial banks are expected to award bumper bonuses in the next three months, following a pattern set by the US investment banks in December, reports Risknews ' sister publication FX Week .
Lehman Brothers has appointed David Bizer, head of European equity derivatives sales, to the newly appointed position of co-head of equity sales in Europe. He also retains his current position and responsibilities, said Lehman, and is joined by Mark Rutherford,...