Bank of America
BoA makes London rates hire
Bank of America (BoA) has hired Nicholas Dechosal, former head of derivatives, short-term interest rates and forwards trading at Rabobank Utrecht, in London.
Citibank cut out
The suspension of Citibank’s private banking business by the Financial Services Agency in September has brought to light a catalogue of internal control and governance failures within the bank’s Japanese operations. And with Citi now cut out of the…
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 appoints new head of capital markets prop trading
Dresdner Kleinwort Wasserstein (DrKW), the investment banking division of Dresdner Bank, has appointed Richard Huston to the new position of global head of capital markets risk trading.
Portugal’s first synthetic securitsation on tap
Banco Comercial Portugues (BCP) and Kreditanstalt für Wiederaufbau (KfW) are bringing to market the first synthetic securitisation transaction in Portugal. A portfolio consisting of Portuguese small and medium-size enterprise (SME) loans will be brought…
BoA loses French corp sales dealer
Olivier Brouet has left Bank of America (BoA) in London, where he worked in FX sales to French corporates, reports FX Week , Risk ’s sister publication.
Merrill Lynch completes Entergy-Koch takeover
Merrill Lynch today completed its acquisition of Entergy-Koch Trading (EKT), a venture created by New Orleans-based energy company Entergy Corporation and Kansas-based Koch Industries.
Merrill Lynch poaches DrKW prime broking heads
US investment bank Merrill Lynch has hired Paul Dackombe and Gary Francis to head up its prime brokerage business.
Bank of America replaces securities head
Bank of America has hired Mark Werner from JP Morgan Chase to replace Jon Sandelman as its head of debt and equities division.
CSFB appoints derivatives sales director for Germany
Credit Suisse First Boston (CSFB) has hired Konstantin Krebs as a director of fixed-income derivatives sales.
Cairn Capital adds asset-backed specialist
Cairn Capital, a London-based advisory and investment firm specialising in structured credit, has hired Jenna Collins as an analyst. Collins, who will join Cairn in November, was an asset-backed securities analyst at Merrill Lynch in London.
Merrill Lynch to offer algorithmic engine to buy-side
Merrill Lynch is slated to join a growing array of major sell-side firms that will allow third-party access to their algorithmic trading engines.
Merrill Lynch snaps up Entergy-Koch
Merrill Lynch is set to acquire the energy trading businesses of Entergy-Koch Trading (EKT), a venture of New Orleans-based Entergy Corporation and Wichita's Koch Industries.
Foley to launch Gelber foreign exchange desk
Bank One's former forex options chief Justin Foley is joining Gelber Trading, a division of Chicago-based trading firm Gelber Group, to set up a new foreign exchange desk in September, according to RiskNews’ sister publication, FX Week .
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.
Bank of America hires in Japan
Bank of America has made two new appointments in Japan as part of an effort to boost its investment and risk management businesses in the country.
GFI launches electronic credit derivatives trading platform
Inter-dealer broker GFI has completed the first stage of its rollout of CreditMatch, its electronic trading platform for credit derivatives.
Deutsche Bank makes appointments in structured and investment products team
Deutsche Bank has made two appointments to its structured and investment products team, part of the global equities department, in its New York office.
Merrill makes additions to EMEA equity-linked group
Merrill Lynch has made a number of appointments to its Europe, Middle East and Africa (EMEA) equity-linked group in London. All will report directly or indirectly to Harry Lengsfield, head of EMEA global markets.
Bank of America strengthens its European debt platform
Bank of America has made a number of appointments to its European debt team in London.
SuperDerivatives upgrades forex platform
Options pricing systems vendor SuperDerivatives has launched an upgrade of its SD-FX system, according to RiskNews’ sister publication, Dealing With Technology .
Barclays Capital hires US corporate risk marketer
Barclays Capital has hired Peter Toolan as a director in its corporate risk management and derivatives management team.
Oil price hits Asian currencies
Surging oil prices have put pressure on Asian currencies, but the impact has been magnified by other factors influencing the region, analysts told RiskNews’ sister publication, FX Week .
Bank of America loses global markets head in Asia
Goetz Eggelhoefer, former managing director and head of global markets, Asia, at Bank of America in Singapore, has left to join the Rohatyn Group, an emerging market hedge fund started by ex-JP Morgan Chase trader Nick Rohatyn.