News articles on risk management, derivatives and complex finance - Risk.net

People

Deutsche grows asset finance division

Deutsche Bank has hired former JP Morgan vice-president Dennis Knitowski as a director in asset finance within the global markets division.

06 Jul 2005

People

Goldman poaches Asian warrants specialist from SG

Cheril Lee has quit Société Générale in Hong Kong to head Goldman Sachs’ warrants business for Asia ex-Japan.

06 Jul 2005

People

Bank of America hires seven for London sales team

Seven new senior salesmen have joined Bank of America's London-based global markets sales team from other major banks, making the team, led by Brian Heyworth, a third larger than at the start of the year.

06 Jul 2005

Credit markets

Autos still most active CDS in US and Europe

The effect of Standard and Poor's downgrading the credit ratings of debt owned by Ford and General Motors two months ago is still washing through the credit default swap (CDS) market.

05 Jul 2005

Structured products

Deutsche launches European ABS index

Deutsche Bank has launched a European AAA floating-rate securitised bond index. The index will capture the performance of the European asset- and mortgage-backed securities market and focuses on the largest and most liquid AAA component of euro…

05 Jul 2005

Structured products

CFTC freezes hedge fund over derivatives 'fraud'

The US Commodity Futures Trading Commission (CFTC) has obtained a federal court freeze on the assets of a $230 million hedge fund following an investigation of the fund’s operators for fraud.

04 Jul 2005

People

Mizuho kick-starts insurance derivatives business

London-based Mizuho International has unveiled an insurance derivatives business, to be headed by newly appointed Stefan Roggenkamp.

04 Jul 2005

Exchanges

Icap prepares for money broker JV in China

Interdealer broker Icap aims to be the first foreign company to enter the Chinese money broking sector, after Chinese regulators said they would relax rules previously banning the practice.