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Goldman goes for Green

Investment bank Goldman Sachs has joined the Green Exchange as a "founding member," the exchange announced today.

Wheels fall off LiquidityHub

London-based liquidity aggregation platform LiquidityHub stopped operating last week, having endured a lack of market interest in the face of the credit crunch.

HKEx names new head of risk management

Hong Kong Exchanges and Clearing (HKEx) has appointed Kevin King as head of risk management, effective today. He replaces Stewart Shing, who was previously acting head of risk management and head of clearing, a position he retains.

Huey Evans joins Barclays

Gay Huey Evans has been appointed Barclays’ new vice-chairman of investment banking and investment management (IBIM). She takes up this newly created role in mid-April, and will focus on developing and managing relationships with sovereign funds.

Monolines - the nuclear option

XL Capital Assurance and Financial Guaranty Insurance Company (FGIC) face legal action by three banks after cancelling insurance contracts they had written on asset-backed securities transactions.

Banks sued over ARS lockdown

Morgan Stanley, UBS, Merrill Lynch and Deutsche Bank have been named as defendants in the first wave of legal action by investors left holding illiquid auction rate securities (ARS).

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