ABN Amro
Nomura continues equity derivatives build-up
Nomura, the Japanese securities firm, has continued its drive to create a strong European equity derivatives department, by unveiling a number of new hires.
DrKW replaces hybrid capital head
Dresdner Kleinwort Wasserstein (DrKW) has hired Ronan Donohue as head of hybrid capital to replace Mark Woolley, who quit to join Deutsche Bank in September.
ABN Amro buys Portuguese securitisation company
Dutch bank ABN Amro has bought the Portuguese securitisation company Servimedia SGFTC from Banco Comercial Portugues (BCP), to consolidate servicing capabilities for securitisation clients in the region.
Deutsche gets China derivatives licence
Deutsche Bank has become the latest institution to gain a licence to trade derivatives onshore in China. A Deutsche official in Singapore told RiskNews that the China Banking Regulatory Commission (CBRC) gave the German bank the go-ahead yesterday.
Citi hires ABN Amro risk analytics director
Citigroup has hired Matt Daniel, a director of risk analytics at ABN Amro in New York.
ABN Amro launches electronic CDS trading platform
ABN Amro, the Dutch banking group, has launched an auto-execution trading platform for the credit default swaps (CDS) market. The system will be available through Bloomberg terminals.
ABN Amro appoints global head of credit strategy
ABN Amro has appointed a global head of credit strategy from Dresdner Kleinwort Wasserstein (DrKW). Alison Miller joins to lead the bank’s four-strong team of credit and quantitative credit strategists.
ABN Amro wins China derivatives licence
ABN Amro last week joined the elite group of foreign banks authorised to trade foreign exchange derivatives in China after winning a licence from regulator the China Banking Regulatory Commission, reports RiskNews’ sister publication, FX Week .
Chinese regulator extends derivatives transition period
The China Banking Regulatory Commission (CBRC) has extended the transition period for its new derivatives licensing regime, giving banks an extra three months to get licences in place that will allow them to trade derivatives onshore.
BNP Paribas expands interest rate group in New York
BNP Paribas has made seven appointments to its interest rate group in New York, headed by Zbigneiw Ryzak.
Philadelphia Stock Exchange names new product development head
Philadelphia Stock Exchange (PHLX) has named Chicago Board of Trade (CBOT) veteran Daniel Carrigan as vice-president for new product development, reports RiskNews’ sister publication, Dealing With Technology .
ABN Amro expands global commodity derivatives team
Dutch bank ABN Amro has made five appointments to its global commodity derivatives team in both the London and New York offices.
ABN Amro launches life and pensions advisory group
Dutch bank ABN Amro has created a life and pensions advisory group as part of its wider financial markets advisory team.
Swapstream market-makers raise quote size to €800m
The four banks making markets on electronic interest rate swaps trading platform Swapstream have raised their quote sizes from around €100 million to €200 million apiece.
ABN Amro launches MiniSwaps contracts
ABN Amro has launched miniature versions of interest rate swaps contracts targeted at companies, fund managers and institutions that are prevented from trading derivatives for regulatory or other reasons.
FirstRand Bank gives ABN Amro CLS mandate
ABN Amro has been awarded a mandate by FirstRand Bank for third-party continuous-linked settlement (CLS) services in South Africa.
BNP hires in commodity derivatives, following departures
French bank BNP Paribas has made four appointments in its commodity derivatives business, following the departure of two senior members of its team last month.
Orc customers to gain access to Citi’s trading platform
Orc Software, the Stockholm-based technology vendor that supplies systems for market-making, trading and brokerage, has signed an agreement with Citigroup to allow all its existing customers to access the Citibank automated trading platform (Cats-OS)…
DrKW creates Nordic derivatives marketing team
Dresdner Kleinwort Wasserstein (DrKW) has made three appointments to form a new Nordic financial institutions derivatives marketing team in London. The team will market the bank’s full range of derivatives products across asset classes to clients in the…
ABN Amro expands financial markets advisory business to Asia
ABN Amro has expanded its financial markets advisory department to Asia, with the appointment of a new Hong Kong-based team to provide advisory services on debt funding, risk management and ratings advisory to corporates and financial institutions around…
BaFin approves ABN Amro SVP funded by structured debt
BaFin, the German financial markets regulator, has cleared a new product allowing financial institutions to sell assets into German special-purpose vehicles (SVP) funded by asset-backed securities without needing a banking licence.
Bank of Montreal hires in credit
Bank of Montreal (BOM) has made a number of appointments in London to strengthen its credit platform.
ABN Amro poaches BNP Paribas energy heads
Dutch bank ABN Amro has hired Wayne Harburn, BNP Paribas' former head of European energy trading, as well as Vincent Chevance, the French bank's head of marketing for energy derivatives. BNP Paribas was not immediately able to say who would replace the…
ABN Amro targets Asian CDO market
ABN Amro has closed a single-tranche synthetic collateralised debt obligation (CDO) for a Singapore asset manager, its second deal in a month and its first with a Singaporean investor.