News
RenCap takes Dresdner global debt capital markets head
Petri Kivinen, London-based global head of debt capital markets at Dresdner Kleinwort, will join emerging markets investment bank Renaissance Capital in September.
CFTC names new chairman
The US Commodities and Futures Trading Commission (CFTC) has named Walter Lukken as acting chairman, replacing Reuben Jeffery.
Barclays Global Investors makes Asian hires
Barclays Global Investors (BGI), one of the world’s largest asset managers with $1.8 trillion under management, has made three appointments for its Asian business.
Deutsche Bank appoints five bankers to prime finance business
Deutsche Bank Securities has appointed five senior bankers to its New York prime brokerage business.
Liffe to launch time pro-rata algorithm for STIR futures
Euronext’s derivatives business Liffe has developed a new trade matching algorithm for its short term interest rate (STIR) futures contracts, which will include a time element in the allocation process.
LSE steps up Mifid offensive
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EDF and RasGas sign LNG supply deal
Utility EDF, through its subsidiary EDF Trading, has signed a liquefied natural gas (LNG) supply contract with Qatari company Ras Laffan Liquefied Natural Gas (RasGas).
Jerzy Pawlowski joins Primus Guaranty
Jerzy Pawlowski has joined New York-based credit derivatives company Primus Guaranty's asset management arm as a portfolio and risk manager.
Morgan Stanley launches private equity target indexes
Morgan Stanley has launched an array of indexes that seek to generate returns from potential or realised private equity buyouts.
BIS confirms continuing importance of carry trade
Foreign exchange carry trades continue to be a main driver of global exchange rate movements, according to the Bank for International Settlements' 2007 annual report.
Brunei group poaches Deutsche Islamic subsidiary's team
Dar al Istithmar (DI), the London-based Islamic finance adviser majority-owned by Deutsche Bank, has lost its entire advisory team to the Brunei financial group BMB Capital.
Derivative Fitch launches beta CFXO model
Derivative Fitch has today released a beta version of its Vector CFXO model for collateralised foreign exchange obligations (CFXOs), aimed at increasing transparency in the market and the understanding of its ratings.
European regulators attain broad power equivalency
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RMA announces KRI monitoring service
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Iberdrola and Endesa hold first power auction
Utilities Iberdrola and Endesa have held Spain’s first power auction, awarding a total volume of 1.45 terawatt hours (TWh). This auction represents the fruits of efforts by the two Spanish utilities to develop a competitive Spanish power market and…
S&P launches Asia sharia index
Standard & Poor's today launched a sharia-compliant equity index covering nine Asian countries, and said that it planned more sharia indexes over the next 12 months.
BNP Paribas hires European securities lending head
BNP Paribas has appointed David Lonsdale to the newly created position of European head of securities lending, within its equities and derivatives business.