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Smaller firms missing TCF deadline
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Credit Suisse poaches private bankers from UBS in Asia, loses Hong Kong branch manager
Credit Suisse has hired several senior private bankers in the Asia-Pacific region, most of whom are from UBS Wealth Management, but has lost its private banking branch manager in Hong Kong, Enid Yip, who resigned for personal reasons.
Taylor quits JP Morgan, energy group rejigs
Beau Taylor has resigned as JP Morgan’s head of global energy. The precise reason for Taylor’s departure is unknown, but an internal memo seen by RiskNews states that: “Effective immediately, Beau Taylor will be leaving the firm.”
Tradition names first chief operating officer
David Pinchin, founder and chairman of Tradition Financial Services (TFS), the Swiss interdealer broker, has been named as chief operating officer of its parent company, Compagnie Financière Tradition.
Creditex and T-Zero align with TSI
New York-based electronic brokerage Creditex has acquired a minority interest in New York-based syndicated loan settlement platform TSI.
CME wins CBOT's heart with increased bid
The Chicago Mercantile Exchange (CME) has increased its bid for the Chicago Board of Trade (CBOT), as it faces a rival takeover attempt from the Intercontinental Exchange (Ice).
BNP hires European structurers
BNP Paribas has hired four fixed-income and foreign exchange specialists for its London-based structured products team.
Bear Stearns names European prime brokerage sales head
Bear Stearns has appointed James Shekerdemian as head of sales for prime brokerage in Europe.
Uncertainty mounts as Optionable falls
Aa bleak week for Optionable Inc, the New York-based energy brokerage behind the Bank of Montreal’s gas trading losses, has continued to get worse. Uncertainty is now growing over the brokerage's relationship with the New York Mercantile Exchange (Nymex).
CME bolsters bid for CBOT by 16%
The Chicago Mercantile Exchange (CME) has increased its offer for local counterpart CBOT Holdings, owner of the Chicago Board of Trade.
Banks write off billions in stolen funds every year, claims fraud expert
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Identity fraud is decreasing in the US
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Broker suffers after BMO commodity losses
US commodity derivatives broker Optionable saw its shares plummet again today after Bank of Montreal, its most important customer, said it would suspend their relationship.
Barbakadze joins F&C as head of structured credit
Teimuraz Barbakadze has joined F&C in London as head of structured credit.
Reputational risk key for GCC executives
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