News
Calyon sets up Asian DCM team and names leveraged finance head
Calyon has named a new Hong Kong-based debt capital markets (DCM) team for Asia excluding Japan, headed by Antoine Gros. The French bank has also appointed a new head of acquisition & leveraged finance for Asia excluding Japan.
BGI hires Prooth as managing director for iShares
Barclays Global Investors (BGI) has hired Karen Prooth as managing director and European chief operating officer for iShares, the asset manager’s brand of exchange-traded funds.
OTC derivatives exposure-management service to launch
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Lehman bros to build natural gas trading hub
Global investment bank Lehman Brothers and its affiliate, Lehman Brothers Commodity Services (LBCS), is to build a 40 mile-long natural gas trading hub between Perryville and Delhi in Northeast Louisiana
BarCap builds equity derivatives desk in Tokyo
Barclays Capital has made three recent appointments to its new equity derivatives desk in Tokyo, bringing the team up to four traders and two structurers.
Silvotti joins RBS
Royal Bank of Scotland (RBS) has hired Roberto Silvotti as joint head of exotic credit derivatives to work alongside Vincent Dahinden.
Incentives needed to push SEPA implementation
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No extension of Basel II deadline, says Indian reserve bank
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ICE to acquire Chatham Energy Partners
IntercontinentalExchange (ICE) has agreed to acquire Chatham Energy Partners, a brokerage firm that specialises in structuring and facilitating transactions in the over-the-counter (OTC) markets for energy options
Credit rating agencies under scrutiny again
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Apra to set capital requirement for banks
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Two more Korean firms secure OTC derivatives licences
South Korean firms Dongbu Securities and Seoul Securities have received over-the-counter derivatives licences, the highest level of dealing licences in Korea, enabling them to issue equity-linked derivatives, securities and warrants.
Crude oil futures pass $80
West Texas Intermediate for October delivery closed at $80.09 a barrel in trading on the New York Mercantile Exchange Thursday, driven by continued concern about a report from the US Department of Energy showing that US crude inventory had fallen for the…
Citi hires oil trader in Singapore
Citi hired Craig Smyth in early September as an oil trader in Singapore, taking the US bank's commodities headcount in Asia to 14.
Dealers gain licences to trade HK property derivatives
Five dealers have secured licences to trade residential property derivatives based on the University of Hong Kong real estate index series (HKU-REIS). The firms – Deutsche Bank, Goldman Sachs, Lehman Brothers, Merrill Lynch and Morgan Stanley - join ABN…
RBC Capital Markets appoints research heads
RBC Capital Markets has hired Russell Jones as head of fixed income and currencies global research.
Online crime up 32%, says report
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Carbon-trading log ready by November
The Kyoto Protocol’s international carbon-trading market is set for expansion, with the introduction of a worldwide transaction log by the end of the year. The International Transaction Log (ITL) will link the carbon registries for each Kyoto nation…
BNP rejigs global debt syndicate teams
BNP Paribas has made changes to its New York and London debt syndicate teams.
Crisis prompts calls for more EU rules
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