Bank of America
Banks face suit from US fund over mis-sold subprime loans
Fifteen banks accused of mis-selling mortgage-backed securities
Changing Hats, August 2010
The movers and shakers in the op risk professions
BAML tinkers with tradable volatility index for tail risk hedging
Bank of America Merrill Lynch has developed a liquid volatility index for institutions which are seeking a systematic tail risk hedge.
Knight Libertas founder Gary Katcher quits firm
Gary Katcher, head of global institutional fixed income at Knight Libertas, will leave the firm at the end of July.
UBS hires emerging markets head
Can Uran leaves Bank of America Merrill Lynch for senior role at UBS
Lookback: The Which way
An irreverent take on events of the last month, including the Which confusion over structured products, ETF trading, S&P's benchmarks, a Swiss preference for capital protection and more capital gains tax in the UK
Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Asia's rich overtake Europe, says wealth report
Hong Kong's population of wealthy individuals more than doubled last year - the strongest crisis rebound in the world.
High-net-worth investment in structured products set to rise
The latest Capgemini/Merrill Lynch World Wealth Report predicts greater investment in structured products on the back of a recovery in high-net-worth investors' finances
Analysts quell crude supply fears from Gulf of Mexico spill
The effect on global crude supply in the short-term from the BP spill will be minimal, although production costs will rise, say analysts
UBS hires new emerging markets head
Can Uran joins bank as co-head of FICC emerging markets.
Morgan Stanley bolsters EQD team
Newcomers to focus on the Middle East and North Africa (MENA) region.
Options exercise process subject to operational risks, say experts
Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Citi adds three Bank of America private bankers in New York
Citi Private Bank has added three private bankers in its New York office. All have moved from US Trust, Bank of America Private Wealth Management, with two joining as managing directors and one as a senior vice-president
Countrywide to pay $600 million to New York pension funds
Mortgage bank alleged to have exposed investors to excessive risk
