ABN Amro
Natexis first CLS third-party bank in France
Natexis Banques Populaires has become the first continuous-linked settlement (CLS) third-party participant in France.
ABN Amro hires VP of financial institutions forex distribution in Singapore
Dutch bank ABN Amro has hired Rayson Hazra as vice-president of financial institutions foreign exchange distribution in Singapore.
Nymex reshuffles board
Richard Schaeffer, executive director of global energy futures at Dutch bank ABN Amro, has been appointed vice- chairman of the board of the New York Mercantile Exchange (Nymex).
More banks putting capital into research
ABN Amro and Barclays Capital are among the increasing number of banks putting money on their trade recommendations for foreign exchange, reports Risknews’s sister publication FX Week . Both have allocated money to start trading on model portfolios this…
ADB outsources derivatives collateral management to ABN Amro
The Asian Development Bank (ADB) has outsourced its derivatives collateral management activities to ABN Amro. In addition, ABN Amro Mellon Global Securities Services will act as global custodian for all ADB's collateral securities.
ABN Amro builds in weather derivatives
ABN Amro has hired Henry Kus as director of weather and insurance derivatives. The Dutch bank said it had made the appointment in response to "rapidly increasing" investor demand for weather derivatives products.
ABN Amro wins CLS mandate in India
ABN Amro has won the contract to provide continuous linked settlement (CLS) services to the Clearing Corporation of India (CCIL).
iBoxx developing credit futures contract
Three investment banks behind credit default swap (CDS) index provider iBoxx – ABN Amro, Citigroup and Deutsche Bank – today jointly announced the development of a new credit futures contract.
Credit derivatives innovations essential for health of credit market
Product structurers must continue to develop innovative credit derivatives products to keep people interested in credit, according to Bob Janjuah, ABN Amro's global head of credit strategy.
Credit derivatives innovations essential for health of credit market
Product structurers must continue to develop innovative credit derivatives products to keep people interested in credit, according to Bob Janjuah, ABN Amro’s global head of credit strategy.
ING hires head of financial markets in Taiwan
ING Financial Markets has hired Jeson Yih-Liang Liu, as director and head of financial markets in Taiwan. Liu will report to Percy Rueber, head of financial markets, Asia and Wu Ching-mai, country manager for Taiwan.
ABN Amro adds in derivatives marketing
Rajiv Baruah has joined ABN Amro in Singapore as a derivatives marketer in the Asia debt markets origination group.
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.
iBoxx launches tradable CDO tranches
Bond and credit default swaps index company iBoxx has launched a series of tradable instruments linked to single tranches of one of its credit default swap (CDS) indexes.
Banks back FXall prime brokerage messaging hub
Currency trading portal FXall has secured the support of seven leading banks to develop a shared messaging hub for notification of prime brokerage deals.
ABN Amro shakes up forex division
ABN Amro’s current global head of foreign exchange options, Douglas Bongartz-Renaud, will transfer to a new role in the bank’s wholesale banking business as part of a reorganisation set to take place over the coming months, a source close to the bank…
ABN Amro targets exotic credit derivatives with senior hire
ABN Amro has hired Richard Whittle from UBS as global head of exotic credit derivatives - a new role in the bank’s financial markets business.
ABN Amro to go global with Dealstation
Dutch bank ABN Amro is planning a global debut next year for Dealstation, its white-labelled, foreign exchange trading platform, bank officials told RiskNews ' sister publication Trading Technology Week .
People Swaps
ABN Amro hires global energy trading head Dutch bank ABN Amro has hired Jonathan Arginteanu to the newly created positionof senior vice-president and deputy head of global energy trading operationsin New York. He was previously head of rival bank BNP…
The derivatives burden
Exchanges
Third-party CLS take-up slows
Take-up of the continuous-linked settlement (CLS) service by third-party banks is slowing as a result of time-consuming back-office changes and a waning sense of urgency, CLS project managers told RiskNews ' sister publication, FX Week .
India allows foreign currency rupee options
Foreign currency rupee options have finally become reality in India, with the Reserve Bank of India (RBI) allowing plain vanilla currency options trading to commence today.
Lessons in loaning
Lenders and borrowers alike are becoming ever more innovative at a worrying time for energy company financing. But will the new ideas catch on? Paul Lyon reports
More power to the banks
Banks now have greater freedom to participate in derivatives markets based on physical commodities thanks to two recent ruling by US regulators. As a result, the balance of power looks set to shift from Houston to New York. By Paul Lyon