News
Citi's risk management goup to be trimmed
Some risk management roles will be lost as part of Citi’s streamlining announced this week.
Bertrand des Pallieres leaves Deutsche Bank
Bertrand des Pallieres, Deutsche Bank's co-head of structured credit, has left the bank.
S&P and Icap to collaborate on end-of-day valuations
Data provider Standard & Poor’s (S&P) Securities Evaluations has started including interdealer broker Icap’s end-of-day mark-to-market data to help clients value multi-asset class derivatives instruments.
Deutsche Bank wins corporate derivatives rankings
Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…
Deutsche Bank hires vice-chairman of equity capital markets
Deutsche Bank Securities, the US investment banking and securities arm of Deutsche Bank, has appointed Jeff Rosichan vice-chairman of equity capital markets, effective from late June.
Towergroup: spending on OTC derivatives technology will reach $1.3 billion in 2011
Firms are spending more on technology to meet growth in the over-the-counter derivatives market. At the same time, there is pressure on technology firms to produce trading platforms to meet the increasing needs of broker-dealers, according to research by…
Moody’s downgrades banks after methodology U-turn
New York-based Moody’s Investors Services has downgraded the debt and deposit ratings of 44 banks after revising its new joint default analysis (JDA) methodology.
Deutsche Bank wins corporate derivatives rankings
Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…
Asset managers increasingly use derivatives
Traditional fund managers are increasingly using exchange-traded equity derivatives, as their investment strategies move away from long-only strategies in favour of absolute return, portable alpha and yield enhancement.
Lehman hires for fixed-income expansion in Italy
Lehman Brothers has appointed Corrado Giovanelli to the new position of head of interest-rate product distribution for Italy, in an expansion of its fixed-income operations in the country.
RBS appoints former Dresdner derivatives head
Matteo Mazzocchi, former global head of equity and credit derivatives at Dresdner Kleinwort, has moved to Royal Bank of Scotland (RBS).
Klein returns to Deutsche Asset Management
Frank Klein has joined Deutsche Asset Management (DeAM) as its global head of institutional product management and development. He will be based in Frankfurt and report to Roelfien Kuijpers, New York-based global head of institutional business.
Webster Financial expands use of BancWare
Webster expands use of SunGard's BancWare.
Bear hires Sun to lead Asia structured finance team
George Sun has joined Bear Stearns as head of structured credit marketing, Asia, in Hong Kong. He started his new position in March.