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Russia opens up

Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports

Event horizon

Rick Cech takes a second look at what makes up operational risk event types, and asks if there is a more advanced way to define them

SG CIB promotes Escoffier

Société Générale Corporate & Investment Banking (SG CIB) has promoted David Escoffier to head of global equities and derivatives solutions in London. Previously Escoffier was head of SG CIB's London-based equity derivatives team.

Quic poaches from Misys

Quic Financial Technologies has hired Wolfgang Porada as German-based head of sales for Europe, responsible for driving new business across the region. Quic is a Vancouver headquarted risk technology company, specialising in structured products.

HKEx to look at commodity derivatives

The Hong Kong Stock Exchange (HKEx) is to study of the feasibility of trading commodity derivatives and climate-related products in Hong Kong. If approval is granted after the study the HKEx could start listing commodity-linked structured products.

Ixis AM promotes Masson to head of European sales

Ixis Asset Management Global Associates (Ixis AM) has made Sébastien Masson head of European sales. He will be responsible for managing the Paris-based Europe sales team, which covers Switzerland, Iberians, Skandies, Benelux and Austria. He will report…

Deutsche Börse expands in Asia

Deutsche Börse has expanded its Asian index business. It has added to the DAX Global Index Series with the release of the Dax Global Asia and has also signed a memorandum of understanding (MOU) with China Securities Index Company.

Amex migrates structured products to AEMI

The American Stock Exchange(Amex) has completed the migration of all its equity products, structured products and exchange traded funds onto AEMI, its new trading platform, which launched November 6.

Barclays Capital hires head of emerging markets

UK investment bank Barclays Capital has appointed Nicholas Moreira as managing director and head of emerging markets equity derivatives trading. Based in London, Moreira will report to Dixit Joshi, head of equity derivatives.

Nomura launches Japan Strategy 80% Protected Fund

Nomura has launched a new structured fund linked to the Nomura Japan Strategy Index. The Japan Strategy 80% Protected Fund, aimed at both retail and institutional investors, is Nomura’s first Ucits-III fund to offer access to the growth potential of…

Calyon hires Paul Nevin from BNP Paribas

Calyon Corporate and Investment Bank has hired Paul Nevin as regional head of equity and fund derivatives marketing and sales for the UK, Ireland and South Africa. Nevin was hired from Calyon’s French rivals, BNP Paribas, were he was head of UK, South…

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