News
Synthetic indexes on ARMs created
CDS IndexCo, a consortium of 16 dealers, and Markit, a London-based independent pricing and valuations specialist, have developed a family of indexes on the hybrid adjustable rate mortgage (ARM) market. The Hybrix indexes are cash-settled forward…
RBS makes senior Asia hires
Royal Bank of Scotland Global Banking & Markets (RBS GBM) has hired new senior staff for its teams in Singapore and Japan.
Credit Suisse hires Ryan as head of securities
Michael Ryan, co-head of equities at Goldman Sachs, is joining Credit Suisse later this year as head of securities.
Pension cash invested in commodity indexes rallies oil price
Pension funds are increasingly investing in commodity indexes to diversify their portfolios, according to a recent Lehman Brothers report.
CESR elects new chairs
CESR elects new chairman and vice chairman
FSA appoints new director
Lesley Titcomb becomes director of the FSA's Regulatory Transactions Division.
Hedge funds are "disasters waiting to happen", says report
At least 30% of hedge funds have poor risk management that makes them "disasters waiting to happen", according to a report from consultancy Deloitte & Touche.
ANZ hires in European expansion
ANZ Bank has appointed Martin Fiddaman to the new position of head of financial institutions for Europe.
Tradition hires five in inflation
Interdealer broker Tradition has added to its inflation team across Europe and appointed a new desk head, John Cullen.
Lehman hires Shambayati as European emerging markets head
Soroosh Shambayati has been appointed as European head of fixed income for emerging markets by Lehman Brothers.
CBOE prepares to launch credit default options
The Chicago Board Options Exchange (CBOE) is preparing to trade credit default options that will pay out following a credit event.
GFI: financials and telecoms most active CDSs
Credit default swaps (CDSs) referenced to financial services and telecommunications firms were the most active in the global credit default swap market in January, according to New York-based interdealer broker GFI.