Bank of America
Bear hires Sun to lead Asia structured finance team
George Sun has joined Bear Stearns as head of structured credit marketing, Asia, in Hong Kong. He started his new position in March.
Merrill Lynch International chairman moves to Hong Kong
Kevin Watts, the London-based chairman of Merrill Lynch’s international subsidiary, will move permanently to Hong Kong from April.
Merrill Lynch hires two senior traders from Barclays
Merrill Lynch has hired two senior traders in Hong Kong – Herr Ling Yeoh as head of proprietary local currency trading and Amit Bansal as director of south Asia rates trading, both moving from Barclays Capital.
BoA does deal with Justice Department over municipal bonds
Bank of America, the second largest US bank, has signed a 'leniency agreement' with the US Department of Justice, in return for the bank’s co-operation with the department’s investigation into municipal derivatives.
Merrill Lynch launches volatility arbitrage index
Merrill Lynch has launched an equity volatility arbitrage index which seeks to cheaply replicate a popular hedge fund strategy.
Merrill Lynch - Product review
China may be an interesting investment theme but stock volatility there can often present a challenge. Merrill Lynch's Citrine 4 Notes provide that all-important capital protection combined with a short maturity,
Merrill Lynch and Axa close first French property swap
Merrill Lynch and Axa Real Estate Investment Managers have executed the first French property derivatives swap.
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
Head of portfolio management leaves Primus
Charles Truett, head of portfolio management at New York-based credit derivatives company Primus Guaranty, is retiring at the end of March.
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
NewSmith appoints Tsang as partner
London-based NewSmith Financial Solutions, the debt-focused financial adviser, has hired Terence Tsang as a partner.
Nine banks to build Mifid utility
Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform, to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) reforms.
BarCap and Merrill Lynch expand derivatives research
Barclays Capital and Merrill Lynch have released new reports on derivatives strategies.
Sidenius joins JP Morgan credit modelling team
Jakob Sidenius has joined JP Morgan Chase in London as senior vice-president in credit quantitative research. Sidenius, who has written a number of technical papers on the pricing of collaterised debt obligations (See: All your hedges in one basket ),…
Merrill hires Shenk in Japan
Merrill Lynch’s prime brokerage operation has hired Scott Shenk to head its Pacific Rim listed futures and options business in Tokyo.
Merrill Lynch hires Pringle in revamp of derivatives team
Merrill Lynch has appointed Michael Pringle as managing director and head of flow derivatives and equity risk in Europe, the Middle East and Africa (Emea).
BoA snares Taishin's CRO as its new Taiwan chief
Financial markets veteran James Lin has become Bank of America’s (BoA) chief executive in Taiwan, moving from local firm Taishin Financial Holdings, where he was chief risk officer.
Bear Stearns builds up forex presence in Hong Kong and New York
Bear Stearns has made senior appointments in Hong Kong and New York to increase its capabilities in foreign exchange derivatives and servicing hedge fund clients.
Lipton joins Merrill Lynch to head real estate analytics
Alexander Lipton has joined Merrill Lynch as global head of credit, real estate, structured products analytics.
Bank of China warrants list in Singapore
Three investment banks launched a total of five call warrants on shares of the Bank of China (BOC) in Singapore today, the same day the shares started trading in Hong Kong. The BOC initial public offering (IPO) was the world’s largest in six years, with …
Lane rejoins Deutsche in collateral management role
Deutsche Bank has appointed David Lane as head of equity financial resource management in New York. He rejoins Deutsche after two years at Merrill Lynch, where he was global head of the asset optimisation group. Before joining Merrill Lynch, Lane was…
Deutsche Bank hires equity derivatives sales head in New York
Cory Carlesimo has joined Deutsche Bank's global markets institutional client group in New York.
Bank of America adds eight to credit team
Bank of America (BoA) has appointed eight new staff members to its European credit business in London.
BoA bolsters rates team with ex-Morgan Stanley duo
Bank of America has hired two senior interest rate traders from rival Morgan Stanley, as it seeks to bolster its trading and rates teams across Europe, Middle East and Africa (EMEA). Tim Yip started last month, and was joined by Ferruccio Ferrara last…