The Swiss bank has hired Julien Bahurel from Morgan Stanley, promoted Michel Lee and recruited Gilbert Langner from Timber Hill in a bid to rebuild its equity derivatives business in the Asia-Pacific region.
Risk management tools and techniques have gained increasing power in Asia’s surging private wealth market during the past 15 years. Now some leading private bankers believe risk management is redefining the traditional banking relationship in the region....
Fifteen banks accused of mis-selling mortgage-backed securities
The movers and shakers in the op risk professions
Joseph Yam was also named by sovereign wealth fund China Investment Corp as an one of its international advisers early this month.
Life & Longevity Markets Association gains momentum
Can Uran leaves Bank of America Merrill Lynch for senior role at UBS
After leaving Barclays Capital last Friday, Dixit Joshi, formerly head of equities for Emea and Asia-Pacific at the UK bank has joined Deutsche Bank in a similar role
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries...
UBS has created a reverse convertible index to offer German investors income which beats the return on bank deposits
UBS has launched a new exchange-traded note in the US, offering leveraged exposure to the Alerian MLP Infrastructure Index.
Sovereign debt crisis raises fears about correlation of derivative collateral denominated in domestic currencies
Deutsche Bank has hired Chris Lee as head of structured products for Asia, just a few months after he left a similar position at UBS
Can Uran joins bank as co-head of FICC emerging markets.
Credit Suisse has expanded its equity derivatives and structured products operations in Australia with the appointment of Lucas Kiely as director and head of equity derivatives sales and Chelsea Wise as director and head of structured products sales
UBS index meets demand from German retail investors for regular income that beats the European Central Bank's base rate.
ING Commercial Banking has hired a new senior sales director in syndicated finance.
Despite The Wall Street Journal lambasting equity-linked reverse convertibles as ‘dangerous investments’ and a chorus of bad press culminating in regulatory fines, the products continue to attract capital from the US retail sector. Joti Mangat asks...
UBS has come under fire in a series of court cases in the US for inappropriate sales of Lehman Brothers principal-protected notes and a failure to inform retail investors properly of the risks involved. More cases are likely.