News
Trade associations slam UK regulator's proposals for benchmarking
The UK Financial Services Authority’s (FSA) proposals for using benchmarking for over-the-counter derivatives and structured products have been roundly criticised by the International Capital Market Association (ICMA), the International Swaps and…
In Brief:
EC adopts Level II implementing measures to money laundering directive BIS begins triennial central bank survey
TFS sets up dry freight brokerage
Interdealer brokerTradition Financial Services (TFS) has announced the creation of TFS Freight, a dry freight brokerage group based in Stamford, Connecticut.
Noble signs India emissions deal
Noble Carbon Credits, part of global supply chain manager Noble Group, has signed a series of long-term certified emission reduction (CER) contracts with India¹s Gujarat Fluorochemicals (GFL).
GlobalView adds TFS, ICAP, CBOT to data offerings
Chicago-based data management company GlobalView has increased its data offerings to include data from brokerage Tradition Financial Services (TFS), an increased offering from ICAP, and futures data from the Chicago Board of Trade (CBOT).
TFS to broker oil in Dubai
TFS has become the first interdealer broker to open a desk in Dubai, where it will initially cover precious metals, but also plans to broker oil, freight and financial instruments.
OpRisk Advisory beefs up op risk with Lawrence hire
US-based consultancy firm OpRisk Advisory has recruited David Lawrence from Citigroup as a new executive director.
Lehman Brothers appoints new Indian head
Lehman Brothers has relocated one of its most senior employees, Tarun Jotwani, from Europe to Mumbai to head its Indian operations. Jotwani will leave his role as European co-head of fixed income to become chairman and chief executive of Lehman Brothers…
Cantor hires Barnard as chief financial officer
Cantor Fitzgerald has today appointed Douglas Barnard as chief financial officer.
Credit Suisse reorganises to promote structured retail products
Credit Suisse has launched a new structured retail products (SRP) platform as part of a global retail initiative that aims to integrate equity and fixed-income retail products.
Russon takes leading role at South Africa’s Absa Capital
South African investment bank Absa Capital has appointed Charles Russon as its chief financial officer.
Grant Thornton makes strategic risk management appointment
Accountancy firm Grant Thornton has today appointed Sandy Kumar as a director of its risk management practice.
BGC launches property derivatives joint venture
Inter-dealer broker BGC has launched a property derivatives joint venture with Cushman & Wakefield, a US-based real estate group. The venture, called Cushman & Wakefield BGC, will provide strategic solutions and execution services across the European…
BNP makes new appointment to European high-yield team
BNP Paribas has appointed Max Biagosch to the European high-yield capital markets group. Biagosch is based in London and will report to Youssef Khlat, head of European high-yield capital markets.
EIIB expands capital markets team
European Islamic Investment Bank (EIIB), the first independent sharia-compliant Islamic investment bank to operate in the UK, has announced five senior appointments in its treasury and capital markets team in London.