News
Allianz Global Investors appoints Asia-Pacific head
Allianz Global Investors today appointed Douglas Eu as its chief executive for Asia-Pacific, replacing Bruce Kho, who moves to the newly created position of chairman for Asia-Pacific.
In Brief:
BIS releases progress report on emerging economies
SEC decides not to appeal hedge fund setback
Christopher Cox, the chairman of the US Securities and Exchange Commission, will not appeal against a court decision limiting the regulator's ability to supervise hedge funds.
Merrill hires Shenk in Japan
Merrill Lynch’s prime brokerage operation has hired Scott Shenk to head its Pacific Rim listed futures and options business in Tokyo.
RBS appoints COO for Asia-Pacific
The Royal Bank of Scotland (RBS) has appointed Mike Kirby as chief operating officer for Asia-Pacific within its global banking and markets (GBM) business.
In Brief:
CEIOPS releases progress report on supervisory convergence
Gladwin moves to Lehman Brothers
Richard Gladwin has started in his role as global head of foreign exchange at Lehman Brothers in London. The appointment follows a three-month sabbatical since he left his post as head of forex derivatives at Barclays Capital on April 21.
ABA backs use of Basel II standardised approach in US
The American Bankers Association (ABA) says the standardised approach to Basel II should be included as an option for financial services firms in the Notice of Proposed Rulemaking (NPR), and that banks should be granted a choice over which methodology…
SEC and CESR to develop a cross-Atlantic financial reporting plan
A plan to develop financial reporting standards and avoid regulatory conflicts will be implemented immediately by the Securities and Exchange Commission (SEC) and the Committee of European Securities Regulators (CESR), it was announced today.
Nymex to offer side-by-side physical trading on CME Globex
The New York Mercantile Exchange (Nymex) is to offer its physically delivered energy futures contracts on the CME Globex electronic trading platform during its regular open-outcry trading hours, starting on September 4.
Bursa Malaysia appoints new chief regulatory officer
Bursa Malaysia promoted Devanesan Evanson to chief regulatory officer on August 1, replacing Md Nor Ahmad, who retired after 23 years at the exchange.
Credit Suisse and Glencore International in new metals alliance
Credit Suisse and Glencore International have today announced the formation of a derivatives and structured products trading business in base and precious metals.
Deutsche Bank hires for prime brokerage development
Deutsche Bank has hired Mike Ginelli from Barclays Capital to head its product development for prime brokerage within the bank’s global markets division in New York.
In Brief : Lamfalussy League table released
The European Commission has released the Lamfalussy League table. The table shows the state of play of Lamfalussy directives as of July 31 this year.