News
Lehman poaches Morgan Stanley CDO co-head
Dorothee Fuhrmann is joining Lehman Brothers in May as head of European collateralised debt obligation (CDO) and structured credit syndication.
Risk Talent: 74% of risk personnel are considering job change
A 74% majority of 500 risk-management professionals surveyed by New York-based recruitment agency Risk Talent Associates say they are considering changing jobs in the next two years.
Deutsche appoints head of index strategy group
Deutsche Bank has appointed John Butler as managing director and head of the index strategy group within global rates, effective immediately. He will report to Bhupinder Singh, head of structured rates products, Europe and Asia and be based in London.
US traders win tax break on Ice Futures
Ice Futures, the UK-regulated subsidiary of Atlanta-based IntercontinentalExchange (Ice), is to be allowed the same tax treatment afforded to contracts traded on US futures exchanges from April 1.
Man Group to sell off brokerage business
London-based hedge fund and broker Man Group plans to sell its brokerage arm, Man Financial, later this year.
ABN appoints head of global commodity finance
Bart Timmermans has succeeded Anushavan Simonyan as head of global commodity finance at ABN Amro, effective May 1, 2007.
ABN Amro launches climate change index
Dutch bank ABN Amro has released a Climate Change and Environment index, intended to give investors exposure to companies that will benefit from working to avoid global warming.
Credit Suisse forms new equity products group
Credit Suisse has formed a London-based equity derivatives product management group with Stephane Diederich appointed as head, effective from this week. Diederich will report to Simon Yates, head of global equity derivatives and co-head of European…
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.