News
ABN Amro continues derivatives build-up
ABN Amro has hired two foreign exchange derivatives marketing managers in the latest stage of its ongoing derivatives business expansion.
US merger brings uncertain future for BoA/ Fleet FX staff
Bank of America’s (BoA) $47 billion purchase of FleetBoston Financial should bolster its regional US coverage in foreign exchange. But an overlap in jobs is unavoidable with a bank the size of BoA, analysts told RiskNews ' sister publication FX Week ,…
Hong kong consultancy Risk Latte plans South Korean volatility index
Risk Latte, a Hong Kong business consultancy, plans to launch a volatility index for South Korea in the first half of 2004, according to RiskNews ' sister publication Inside Market Data .
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Lloyds TSB hires FSA risk regulator
Lloyds TSB, fined recently by the Financial Services Authority (FSA) for mis-selling investment products to retail investors, has responded by hiring the UK financial watchdog's top risk regulator.
K2 Advisors hires Nederlof from Deutsche Bank
Connecticut-based fund of hedge funds K2 Advisors has hired Maarten Nederlof as a managing director for product development.
Lehman Brothers adds six new equity derivatives staff
Lehman Brothers has recruited six new sales and trading staff to its European equity derivatives business.
Lloyds TSB hires FSA risk regulator
Lloyds TSB, fined recently by the Financial Services Authority (FSA) for mis-selling investment products to retail investors, has responded by hiring the UK financial watchdog's top risk regulator.
Moody’s hits out at combined cash and synthetic CDOs
Moody’s Investors Service has warned investors that the International Swaps and Derivatives Association legal documentation underpinning combined cash and synthetic collateralised debt obligations (CDOs) is far from perfect.
Moody's hits out at combined cash and synthetic CDOs
Moody's Investors Service has warned investors that the International Swaps and Derivatives Association legal documentation underpinning combined cash and synthetic collateralised debt obligations (CDOs) is far from perfect.
BMA focuses on European CDO market
International trade body the Bond Market Association (BMA) intends to increase its focus on boosting liquidity and helping to set market standards in the European collateralised debt obligation (CDO) market. This includes the possible establishment of a…
UBS adds to Taiwan equity risk management team
UBS has boosted its equity risk management team in Hong Kong with the appointment of Alex Chi as executive director.
BNP closes its first self-managed CDO tranche in Asia
French bank BNP Paribas has closed its first self-managed synthetic CDO transaction in Asia, a first-loss equity tranche that allows the investor to substitute credits in the underlying portfolio.
Primus names new CFO
Bermuda-based Primus has named Richard Claiden as its new chief financial officer. He replaces Joseph Bauman, who will stay on as a senior adviser before leaving the company at the end of the year.