News
T-Zero teams with Calypso
Market technology provider T-Zero has teamed up with San Francisco software company Calypso to provide improved processing of credit derivatives trades
Enron's Lay and Skilling guilty of fraud and conspiracy
Enron's former chairman Kenneth Lay and chief executive Jeffrey Skilling were found guilty of conspiracy and fraud today by a Houston jury.
Atticus backs Euronext merger plans
Atticus Capital, a US hedge fund that holds 9% of the Euronext stock exchange, has encouraged Euronext to seek a merger with either Deutsche Borse or the New York Stock Exchange.
SG expands Chinese commodities team
Societe Generale has named Stephanie Clement de Givry as its new head of commodities finance in China.
Regulators clear Australian exchange merger
The Australian Competition and Consumer Council (ACCC) has approved a merger between the country's two major exchanges, the Sydney Futures Exchange (SFE) and the Australian Stock Exchange (ASX).
StanChart adds to renminbi trading team
Standard Chartered has boosted its foreign exchange trading desk in Shanghai with the appointment of Gordon Jiang as Chinese renminbi forward trader.
Barx forex options trading extended to Asia
Barclays Capital has extended the remit of its Barx electronic trading platform to include the remote trading of vanilla foreign exchange options in Asia. The upgrade will offer traders live two-way streaming of tradable prices across 17 currency pairs…
Nout Wellink appointed chairman of the Basel Committee on Banking Supervision
The Group of 10 (G10) central bank governors and heads of banking supervision have appointed Nout Wellink, president of the Netherlands Bank, as the new chairman of the Basel Committee on Banking Supervision.
Euronext board favours NYSE offer at AGM
Euronext’s board looks set to use today’s annual general meeting in Amsterdam to build investor support for an €8 billion takeover bid from the owners of the New York Stock Exchange (NYSE). But shareholders still remain divided about the future of the…
In Brief:
CEBS and CESR Mifid papers released
Reuters strengthens risk management team in Asia
Reuters has boosted its risk management staffing in the Far East with the appointment of John Palmiero as Hong Kong-based head of trade and risk management for Asia. It also released its latest version of Kondor+, a real-time risk and position-keeping…
ANZ makes four markets appointments
ANZ Investment Bank has announced a series of new additions to its markets team in Europe and New York. The appointments follow the hiring of Bill Wulkan as head of markets, Europe and America, in May last year.
New forex sales chief for Citi
Citigroup has made Anu Jayanti global head of foreign exchange sales in New York. The move marks a promotion for Jayanti, who was previously global head of leveraged sales and regional head of forex for North America at the bank.
Chairman of the Fed says Basel II needs to go to the next stages of implementation
Chairman of the Federal Reserve, Ben Bernanke, has emphasised the Fed’s support for Basel II, and urged that congress, bank regulators and the industry work together to progress to the next phase of implementation. Bernanke emphasised his belief that…