News
ABN Amro launches new UK structured products business
ABN Amro has launched a new UK-based business to provide easy access to innovative structured products through a regulated fund vehicle.
Bear merges European debt and equity origination
Bear Stearns’ European division is merging its debt and equity origination groups into a new capital markets group.
ISE hits out at CBOE on exclusive index option listings
The New York-based International Securities Exchange (ISE) is challenging the exclusive listing of two major index options on the Chicago Board Options Exchange (CBOE) through a formal complaint.
Calpers increases hedge fund exposure to $4 billion
Sacramento-based California Public Employees’ Retirement System (Calpers) has announced plans to increase the size of its hedge fund investments to as much as $4 billion by the end of this year.
Vontobel and T-Systems launch securities processing service
Swiss bank Vontobel and Frankfurt-based technology services provider T-Systems have launched a joint securities processing platform targeted at banks with operations in Switzerland and Liechtenstein.
UBS to launch European electricity and gas trading business
UBS plans to launch a European power and gas trading desk in the first quarter of 2007.
ETF Securities to launch 31 ETCs on Deutsche Börse
ETF Securities, a leader in exchange-traded commodities (ETCs), will launch 31 ETCs on Deutsche Börse’s Xetra platform on 3 November.
UBS to launch European electricity and gas trading business
UBS, the Zurich-based global investment bank, will launch a European power and gas trading desk in the first quarter of 2007.
UK authorities issue best practice guide for business continuity
An operational risk benchmarking exercise completed by financial institutions and UK authorities in 2005 has led to the creation of a new business continuity practice guide for the UK financial industry.
