News
BNP hires equity flow and finance traders
BNP Paribas has added six people to its London equity and derivatives division.
Bear Stearns adds two to structured equity team
Shilpa Amin and Olivier Mathys have joined Bear Stearns's London-based European structured equity products team.
Rabobank loses head of market risk to ING
Rabobank’s global head of market risk, Mark van Balen, is joining Dutch rival bank ING.
BNP Paribas strengthens European fixed-income team
BNP Paribas has made three new appointments within the fixed-income team of its debt capital markets financial institutions group (DCM FIG).
Merrill writedowns throw light on risk management
Merrill Lynch has released a warning on its third-quarter results. The bank said its mark-to-market losses on its collateralised debt obligation (CDO) and leveraged finance operations would be up to 50 cents a share.
LCDX index tranches trade today
CDS IndexCo, a consortium of banks, and London-based data provider Markit have launched tranches on the LCDX North America index of loan credit default swaps (LCDSs).
CFTC: record levels of crime in energy markets
Daily news headlines
Sepa is not a compliance exercise
Daily news headlines
FSA confirms LSE reporting service is Mifid-compliant
Daily news headlines
SGAM seizes opportunity from subprime turmoil
Société Générale Asset Management (SGAM) has become the latest fund manager to set up a strategy aimed at reaping the benefits of valuation discrepancies caused by the fallout from the US subprime mortgage market.
SAS extends ERM software for insurers
Daily news headlines
Berlin Börse takes over Equiduct
Daily news headlines
Report criticises Basel II
Daily news headlines
HSBC CIBM creates European corporate liability group
HSBC Corporate, Investment Banking and Markets (CIBM) has established a European corporate liability solutions group, headed by Russell Schofield-Bezer.
Wachovia hires SocGen equity derivatives banker
Michael Collins has joined Wachovia Securities as head of its corporate equity derivatives origination team.