News
Deutsche hires CEEMEA securitisation head
Deutsche Bank has appointed Tim Nicolle as a managing director for Central and Eastern Europe, Middle East and Africa (CEEMEA) securitisation. He will join the bank in the second quarter and will report jointly to Jeff Stolz, head of the European…
Winterthur chief leaves Credit Suisse after one month
Leonhard Fischer, Credit Suisse’s chief executive of Europe, the Middle East and Africa (EMEA), has left the bank after formally joining it for one month.
Citi and Fortis launch managed equity programme
Citi has launched a managed equity programme in partnership with Fortis Investments, the Brussels-based investment manager. Called Botticelli, the programme comprises a variety of equity tranche-linked notes, each offering different risk-return…
Lehman and Pioneer complete managed CPDO
Lehman Brothers, with Dublin-based asset manager Pioneer Investments, has closed its first managed constant proportion debt obligation (CPDO), called Ulisse Capital.
Permal launches India fund
Permal Group, one of the largest fund-of-hedge-funds organisations in the world, has launched Permal India Holdings, a multi-manager, multi-strategy India-focused fund.
Quadrant aids Basel II compliancy in Denmark
Danish banking industry gets to grips with Basel II
GFI buys London shipbroker
Inter-dealer broker GFI has bought Century Chartering, a London shipbroker.
Nuclear launch at Tullett Prebon
Inter-dealer and energy broker Tullett Prebon has launched a nuclear fuel derivatives desk, adding to its presence in the power, gas, oil, coal and emissions markets.
Nymex partners Ardour for alternative energy index futures and options
The New York Mercantile Exchange (Nymex) has signed an agreement with Ardour Global Indexes, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.
Deutsche Bank unveils currency index
Deutsche Bank has launched a new currency index that it hopes will allow passive investors to profit from trends in the foreign exchange markets.
NYSE launches bond trading platform
The New York Stock Exchange will launch its next generation fixed-income trading platform, NYSE Bonds, on April 23.
IBF names new chairman
David Bell has succeeded Ian Mullen as chairman of the International Banking Federation (IBF).
Man promotes in Hong Kong and Switzerland
Man Investments, the London-based asset management arm of Man Group, has promoted Tim Rainsford to managing director for Asia-Pacific, in Hong Kong. He replaces Matt Dillon, who takes on a newly created role as head of global relationship services, based…
Aon forms risk consulting group
Insurance group Aon has formed Aon Global Risk Consulting, a Chicago-based risk consulting, captive management and risk engineering group, which will be part of Aon Global.
Moody's: halo for new EU entrants set to fade
European Union (EU) member countries with low credit ratings, such as Romania and Bulgaria, will continue to benefit disproportionately from the EU halo effect, according to a report by Moody’s Investors Service.