ABN Amro
ABN Amro hires German global financial markets head
Dutch bank ABN Amro has hired Hermann Watzinger to head its global financial markets group in Germany, covering all of the bank’s activities in fixed income, including structured finance, treasury, asset securitisation and fixed-income derivatives…
Barclays Capital adds to futures sales desk in Singapore
UK bank Barclays Capital has hired James Clarke in its futures sales desk in Singapore, according to an official at the bank in Hong Kong.
ABN Amro hires head of European CMBS
Dutch bank ABN Amro has appointed David Newby in a dual position as head of European commercial mortgage-backed securitisation (CMBS), and UK and Irish securitisation.
ORX loss database operational by the end of the year
FRANKFURT, GERMANY - The Operational Riskdata eXchange Association (ORX), a not-for-profit venture to pool op risk loss data resources, expects its operational risk database to be operating by the end of 2002, Fred Peemoeller, chief risk officer,…
Deutsche launches Cristals credit index note
Deutsche Bank has launched a five-year index-linked credit note. The underlying index for the new security will be the euro corporates overall index provided by iBoxx – the credit index consortium.
Egar Technology secures $2.5 million in new funding
Egar Technology, a risk management systems vendor set up to hedge funds, banks and commodity risk managers, has secured $1.5 million in funding from World Bank private sector investment arm, the International Finance Corporation (IFC), and $1 million…
ABN Amro Futures hires head of soft commodities in US
ABN Amro Futures Group, part of ABN Amro Clearing and Execution Services (AACES) division, has appointed John Koehne as head of soft commodities in the US.
ABN Amro appoints senior US FX strategist
ABN Amro has appointed Greg Anderson, previously senior global markets strategist at Fleet Bank Boston, as senior foreign exchange strategist in the US.
Credit liquidity at a premium as trading activity hits the August blues
Liquidity in the European and US credit derivatives markets has hit premium levels in Europe and the US this week, with trading said to have fallen to 10% of normal volumes and spreads fluctuating within a five basis point range.
ABN Amro appoints new head of Asian equity derivatives trading
Dutch Bank ABN Amro has hired Ali Ahmed as head of Asian equity derivatives trading in Hong Kong, according to an official at the bank in the territory.
ABN Amro hires global head of CDOs
Dutch bank ABN Amro has hired Fernando Guerrero, formerly managing director of structured products at TD Securities, to head its global collateralised debt obligation (CDO) business.
Singapore reconsiders hedge fund rules
Hot on the heels of Hong Kong’s decision to open up the hedge fund market to retail investors, the Monetary Authority of Singapore (MAS) is now revising its own rules on retail hedge fund investments, bringing it in line with its main regional rival.
ABN offers Multi-Strategy hedge fund to Singaporean retail investors
ABN Amro Asset Management has started offering Singaporean retail investors access to its ABN Amro Multi-Strategy Fund.
ABN Amro continues credit derivatives expansion
ABN Amro has made Terri Duhon its London-based head of credit structuring and head of exotics trading, a newly created position. Duhon is the latest in a string of senior credit derivatives hires for the Dutch Bank in London, New York and Singapore.
ABN Amro, Eureka Hedge Advisors to launch Asian hedge fund index
ABN Amro and Eureka Hedge Advisors, a hedge fund research and advisory service based in Hong Kong and Singapore, have launched a benchmark index for Asian hedge funds. The service is aimed at providing investors and fund managers with a means to compare…
ABN Amro head of Asian equity derivatives transfers to London
ABN Amro's Asian head of equity derivatives in Hong Kong, Frank McKirgan, will transfer to London in the third quarter, according to an official at the bank in Hong Kong.
ABN Amro hires head of FX option sales in Singapore
Dutch bank ABN Amro has hired Tan Huilin as head of foreign exchange options sales in Singapore.
New Hong Kong IRS benchmarks could boost local derivatives market
New longer-dated benchmarks for Hong Kong interest rate swaps could boost the city’s local derivatives market, say some market participants.
Crédit Lyonnais set to offer prime brokerage in Asia-Pacific
CLSA, the emerging markets arm of French bank Crédit Lyonnais, plans to offer prime brokerage services in the Asia-Pacific region to cater for an anticipated growth of the hedge fund market in the region, according to Sheldon Lee, CLSA head of hedge fund…
Credit Markets Update: Spreads widen on ABN Amro subordinate debt
The cost of five-year subordinate credit protection on ABN Amro widened several basis points to 38bp-mid as bond-holders bought protection after Moody's placed its Aa subordinate debt rating on negative review on Wednesday.
The future for Basel II
With Basel II delayed yet again, will revisions to the capital Accord happen at all? David Rowe says Basel I is the best argument for persevering, but any revisions must address regulatory arbitrage problems and take greater account of the full range of…
Static data moves forward
Firms tackling high-speed and information-intensive tasks such as straight-through processing or risk management without accurate instrument and counterparty reference data may be taking enormous operational and credit risks. Clive Davidson reports on…
ABN Amro adds to Asian structured derivatives team
ABN Amro has hired Jamie McWilliam to bolster its structured derivatives team in Hong Kong.
ABN Amro expands FX options team
Dutch investment bank ABN Amro has added three traders to its global foreign exchange options business.