Commerzbank
DrKW integrates Asian equities and fixed-income operations
Dresdner Kleinwort Wasserstein (DrKW) has established a new capital markets division by merging its equity and debt markets operations to offer fully integrated cash and derivatives services to clients.
Commerzbank boosts credit trading division
Commerzbank Securities, the investment banking division of Commerzbank, has moved Kristian Sharp to head its North American credit trading division and made two new hires.
DrKW hires Kobashi in Tokyo to offer risk management services to pensions funds
Germany’s Dresdner Kleinwort Wasserstein (DrKW) has hired Yoshikazu Kobashi from Morgan Stanley Japan to oversee the bank’s corporates and pensions marketing in Japan. Kobashi’s team will offer risk management solutions to corporates and pensions,…
DrKW gets five-day OTC derivatives trading ban in Japan
Japan's financial market regulator, the Financial Services Agency (FSA), has suspended Dresdner Kleinwort Wasserstein (DrKW) from trading over-the-counter (OTC) derivatives for five days. This follows an inspection that resulted in claims the German bank…
Dresdner recruits derivatives marketers from JP Morgan Chase in Tokyo
German investment bank Dresdner Kleinwort Wasserstein (DrKW) has recruited two JP Morgan Chase officials to fill vacant positions in its fixed-income derivatives team in Tokyo.
DrKW names Harata new head of rates trading in Tokyo
Dresdner Kleinwort Wasserstein (DrKW) has hired Jun Harata as managing director and head of interest rate derivatives trading in Japan.
Measuring the Unexpected
The events of Sept. 11 brought increased attention and confusion to the practice of managing operational risk.
DrKW boosts derivatives team in Japan
Dresdner Kleinwort Wasserstein has hired Masanori Katagiri as director and head of equity derivatives structuring in Japan.
DrKW appoints new deputy head of equity derivatives trading
Dresdner Kleinwort Wasserstein (DrKW) has expanded its equity derivatives business with the hire of Areski Iberrakene as its deputy head of equity derivatives trading. He is due to join the bank next week.
DrKW adds to credit derivatives team
Dresdner Kleinwort Wasserstein (DrKW) has hired two ex-Gen Re staff to boost its credit derivatives team in New York.
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…
DrkW boosts data services with PFS deal
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has signed a licensing agreement with PFS Trader Tools to use its DS2000 gateway for real-time data dissemination from its London, Frankfurt, Singapore and New York…
DrKW hires global equities director in Tokyo
Dresdner Kleinwort Wasserstein (DrKW) has hired Hiroyuki Uno as director and senior marketer of global equities in Tokyo. He will head a team of derivatives marketers that will primarily focus on marketing equity derivatives products to financial…
DrKW adds to credit derivatives team in Japan
Dresdner Kleinwort Wasserstein has hired Michael Gordon as director of credit derivatives trading in Tokyo. He was previously a credit derivatives trader at Enron Credit in Japan.
DrKW steps up equity derivatives effort in Asia
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany’s Dresdner Bank and part of the Allianz group, has made its first major hire following a major restructuring of its Asian operations last year. The bank named James Hong, an…
DrKW restructures credit derivatives group
Dresdner Kleinwort Wasserstein (DrKW) has undertaken a major reorganisation of its credit derivatives operations, and named Rick Weinstein its new head of credit derivatives.
Op risk modelling evolves
Operational risk is devilishly difficult to model, but dealers and software vendors are making headway. Automated op risk reporting, profiling and sophisticated operational value-at-risk (VAR) modelling are finally beginning to catch-on in banks.
Commerzbank loses head of alternative investment unit
Kevin Ferro, formerly head of Commerzbank’s New York-based Alternative Investment Strategies (AIS) unit, has left the firm, along with five members of his team. A Commerzbank spokesperson in New York said that Ferro and his colleagues have set up a new…
Will Germany scupper Basel II?
How real is Germany’s threat to veto the proposed Basel II bank capital accord if the country fails to get the concessions it wants on the accord’s treatment of bank lending to small to medium-sized companies (SMEs)?
DrKW and Raft establish new op risk management standard
Investment bank Dresdner Kleinwort Wasserstein (DrKW) and Raft International, the component-based software provider to the financial services industry, have jointly developed and deployed Radar, a near real-time global operational risk management…
Risk suppliers rise to Basel challenge
Risk management software suppliers will need to improve their products to meet the demands of Basel II.
DKB Financial Products Upgrades Global Database With Sybase 11
TECHNOLOGY & INTEGRATION