JP Morgan oil origination veteran Michael Bertuccio has been appointed as head of origination and principal investments at Glencore Xstrata
David Samuels joins BNP Paribas to become New York-based head of Americas commodity sales, two months after leaving JP Morgan
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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UK bank appoints Michael Yarian to head US rates trading and global rates e-trading, while Tim Stack will run the derivatives clearing business
Icap Energy chief Newman steps down; PetroChina hires products head; BAML makes commodities hires; E.on recruits Barclays power and gas head; Evolution launches US power desk
Bank of America Merrill Lynch has replaced Paul Baron as London-based head of flow equity derivatives sales for Europe, the Middle East and Africa with Whitfield Hines. Baron is moving to New York to run Baml's flow equity derivatives sales in the US...
Jefferies hires Copplestone; Scott Mitchell promoted at JP Morgan; Cubides exits Credit Suisse; Standard Bank expands Isle of Man IFA team
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.