News
NASD charges Oppenheimer and CEO Lowenthal
LOSSES & LAWSUITS
Difficult January for Deutsche Bank
LOSSES & LAWSUITS
A question of trust at State Street Trust and Banking
LOSSES & LAWSUITS
TSE shutdown sparks fury
New angles
Deutsche trader dismissed
New angles
Reinsurers hit capital markets
New angles
New index taps into ABSs
New angles
RiskNews
RiskNews
FSA puts flu on the agenda
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Producers shrink gold hedge books
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CFTC claims hedge funds involved in forex fraud
The US Commodity Futures Trading Commission has charged two New York hedge funds with defrauding investors by claiming non-existent foreign exchange futures trades.
Enron trial opens in Houston
The fraud trials of Enron chief executives Kenneth Lay and Jeffrey Skilling began yesterday in Houston.
Citigroup hires Browning as head of forex
Citigroup has hired Marcus Browning, formerly head of forex options at Merrill Lynch, as its first global head of forex trading.
Macquarie fined over futures contract
Macquarie Bank has been fined A$20,000 by Australian regulators for breaking Sydney exchange rules on futures trading.
Travelex bolsters US risk solutions unit
Foreign exchange specialist Travelex has boosted its US risk solutions group with two new hires and two internal transfers.
GFI takes on Refco Paris brokers
US broker GFI has named three former Refco brokers to head its new Paris office.
Corrie and Kyriakos-Saad latest to quit JP Morgan
John Corrie and Fawzi Kyriakos-Saad, who currently head equity and credit respectively at JP Morgan in London, have joined the mass exodus of investment banking staff that have left the bank in the past 12 months.
Questioning the numbers
Model risk has become a key focus for financial institutions. But how do dealers ensure their models are implemented correctly and that they accurately reflect the risks an institution is running? By Laurence Neville
Kamakura expands CDS information service
Kamakura has added credit default swap (CDS) correlations for 16,000 CDS to its online credit information service.
BarCap adds industry name to plastics business
Barclays Capital has bolstered its plastics business with the appointment of David Paul as director of commodity sales in London. Paul joins from the New York based brokerage firm Refco, where he was global head of plastics futures trading.