Barclays
Barclays appoints Diamond to board
Bob Diamond, one of the architects of Barclays Capital's derivatives business, was formally appointed to the board of the Barclays Group today, and takes on the additional role of group president.
Barclays launches targets smaller trading firms in Hong Kong
Barclays today launched a new unit in Hong Kong to offer tailor-made advice to small trading companies via its wealth management unit.
Barclays launches Barx in Asia
Barclays Capital has launched Barx, its online single-dealer interest rate swaps trading platform, in the Asia-Pacific. The electronic platform will enable the region’s investors to trade US dollar and yen interest rate swaps through their Bloomberg…
Barclays Capital appoints CMBS research director
Barclays Capital has hired Hans Vrensen as head of its European commercial mortgage-backed securities (CMBS) research unit.
Private bankers buying more FX-linked structured products
Private bankers are buying an increasing number of structured products linked to currency movements in a bid to provide more attractive yields to their clients.
David Li joins Barclays quantitative group
David Li, a former quantitative researcher at Citigroup, has joined Barclays Capital in New York as its global head of quantitative analytics for credit derivatives.
Société Générale subscribes to Fitch Risk’s Opvantage
French bank Société Générale has entered into a subscription agreement with Fitch Risk to access its financial institutions risk scenario trend (First) database.
De Vitry warns of energy market regulatory pressures
Regulatory rules could adversely affect the development of a mature energy trading market, said Benoit de Vitry, global head of commodities and emerging markets rates at Barclays Capital in London, speaking at Energy Risk’s Houston conference.
Barclays poaches head of German fixed-income sales from CSFB
Omar Selim, formerly head of German fixed-income sales for Credit Suisse First Boston, is to join Barclays Capital.
Barclays appoints group risk director
UK banking conglomerate Barclays has appointed Robert Le Blanc as group risk director, succeeding Rob Nimmo, who is due to retire.
Burns named president of MR3 Systems
San Francisco-based technology company MR3 Systems has appointed John Burns, an ex-Barclays Metals managing director of derivatives finance, as its president.
BarCap expands corporate risk management advising team
Barclays Capital (BarCap), the investment banking arm of Barclays Bank, has hired three new staff to work in its corporate risk management and advisory team in New York.
Barcap nabs Citigroup equity derivatives salesman
Barclays Capital, the investment banking division of Barclays Bank, has appointed Andrew Stonely from Citigroup as a director in equity derivatives sales. He will be responsible for developing the European equity derivatives flow business.
Basel II is a key driver for real-time info
Speakers at the Cable & Wireless roundtable on real-time information in mid-September all agreed that real-time information (RTI) would help banks manage liquidity, minimise risk and improve operational efficiencies. They also agreed that one of the key…
BarCap appoints head of US fixed-income strategy
Barclays Capital, the investment banking arm of the UK's Barclays Bank, has hired Bulent Baygun from Citigroup/ Salomon Smith Barney (SSB) as director and head of US fixed-income strategy.
SuperDerivatives hires North America director of sales
SuperDerivatives, the London-based currency options pricing systems vendor, has appointed Carmine Ricciardi as director of sales for North America.
BNP Paribas beats SG for ZCM assets
French bank BNP Paribas has entered the final stages of negotiations to purchase about 140 structured transactions linked to funds investments from Zurich Capital Markets (ZCM), a division of Swiss insurer Zurich Financial.
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
Banks counter IAS39 threat
Banks are developing new structuring models for corporate clients to ensure the IAS39 accounting standards do not result in a reduction of complex foreign exchange hedging activity, Risk 's sister publication FXWeek reports.
A race to the finish
The Basel Committee's third consultative paper contained few surprises. Regulators are nowfocusing on implementation, despite banks' major concerns about the treatment of riskmitigation techniques.
TriOptima terminates €420 billion in rate swaps
The delayed first run of TriOptima’s swap tear-up service, TriReduce, eliminated 7,880 euro-denominated interest rate swaps with a notional value of €420 billion – or about a fifth of the notional value of the credit derivatives market.
Risk Europe 2003: Industry worried about ‘level playing field’ implementation of Basel II
Bankers and their banking associations are increasingly concerned that the new bank capital Accord Basel II and its European equivalent CAD3 may not be implemented in a consistent manner in different national jurisdictions. These fears were expressed…
EU Parliamentary hearings raise a variety of issues
The Committee on Economic and Monetary Affairs of the European Parliament held a public hearing on Tuesday, Febaruary 19, titled "Minimum Capital Requirements for Banks and Investment Firms (Basel II)".
Barclays Capital sets up fixed-income prime brokerage units
Barclays Capital is setting up fixed-income prime brokerage units in London and New York, the bank said. The units will trade corporate and government bonds and their related derivatives.