News
BarCap launches Mexico bank and broker-dealer operations
Barclays Capital (BarCap) has started trading in local markets in Mexico, with the launch of a combined bank and broker-dealer, Grupo Financiero Barclays Mexico. Barclays has invested $100 million in the group so far.
Ernst & Young signs Christie to integrate risk and regulation in UK
Ernst & Young has appointed Stephen Christie as head of financial services - risk and regulatory services for the UK, a newly created position based in London.
JP Morgan makes key appointments in global equities
JP Morgan has made several key personnel changes within the global equities group. The new appointments, which take effect immediately, include Nick Andrews, who takes on an expanded role as head of emerging markets for global equities, in addition to…
NY Fed’s Geithner emphasises systemic risk in derivatives markets
Speaking in Hong Kong, New York Fed president Timothy Geithner has called for better regulation of hedge funds and the derivatives market.
Markit signs new derivatives processing client
Markit, the London-based data provider, has signed asset managers CQS as a client of its trade-processing service.
Ice and Nybot agree to merge
The Intercontinental Exchange (Ice) and the New York Board of Trade (Nybot) have agreed to merge.
Highlights from the e-symposium
Yesterday’s e-symposium featured presentations from around the world on the state of Basel II implementation and outstanding issues. Following is a synopsis of what our speakers had to say.
JP Morgan uses T-Zero for prime brokered CDS
New York-based technology firm T-Zero has announced its prime brokerage electronic affirmation utility has been used by a JP Morgan client for the first time.
MarketAxess appoints new president
MarketAxess, the New York-based trading technology firm, has appointed Kelley Millet as president.
Misys launches new future-proof credit derivatives module for Summit FT
Misys Banking Systems, based in London, has released a credit derivatives module for its Summit FT platform to handle the growing size and complexity of the credit market.
Citi launches alternative investment service in Asia
Citigroup has extended its alternative investment service so that hedge funds in the Asia-Pacific region can now outsource their administration requirements.
Deutsche Bank hires Gulf head
Deutsche Bank has hired Nicholas Hegarty as head of banking for the Gulf Co-operation Council (GCC) region.
SG expands equity derivatives team in Japan
Société Générale Corporate and Investment Banking (SGCIB) has hired a team of five equity derivatives traders from Daiwa Securities in Tokyo.