Crédit Agricole
New commodity and structured credit heads at Calyon
Calyon has named Martin Fraenkel as its new global head of commodities and Benjamin Jacquard as global head of structured products, both based in London.
Senior duo leaves Calyon after €250 million rogue trade
Two of Calyon’s most senior bankers have departed following the discovery of a rogue credit derivatives index trade earlier this month.
Rogue traders cost Calyon $358 million
Daily news headlines
Rating agencies unmoved by Calyon’s rogue trade
Standard and Poor’s, Fitch Ratings and Moody’s Investors Service have all affirmed their ratings and ratings outlooks for Calyon and its parent company following the disclosure of a large rogue trade.
SocGen and Calyon agree to merge derivatives brokerages
Société Générale and Calyon have signed an agreement to merge their futures and options brokerages, Fimat and Calyon Financial.
Goldie-Morrison named chief executive of Calyon Americas
Calyon has appointed Duncan Goldie-Morrison as chief executive of Calyon Americas.
Calyon names new CDO chief
Benjamin Jacquard has joined Calyon in London as global head of credit markets and collateralised debt obligation (CDO) structuring.
Calyon bolsters global high-yield team
Calyon has added to its global high-yield team by hiring David Weinstein and Stephen Elliott.
Calyon names Chien as Taiwan capital markets head
Calyon has named Eric Chien as head of capital markets for Taiwan.
SG and Calyon announce brokerage merger intentions
Paris-based banks Calyon and Société Générale confirmed they plan to merge their futures and options brokering subsidiaries, Calyon Financial and Fimat.
Calyon launches fund-convertible bond
Calyon has issued €50 million of a new convertible bond based on shares in an equity fund, the first of its kind.
HSBC appoints global head of exotics
HSBC Corporate, Investment Banking and Markets has appointed Laurent Boscherel to the newly created position of global head of exotics, within its global structured equity business.
Calyon names Dubois as Asian derivatives head
Cedric Dubois is moving to Hong Kong as head of equity and fund derivatives for Calyon Corporate and Investment Bank.
Byers leaves UBS for Calyon structured credit role
Paul Byers has joined Calyon as head of structured credit sales for Europe and the Middle East in London. He joins after 13 years working for UBS, where he was most recently responsible for structured credit sales in the German and Austrian markets.
Calyon and Forsyth Barr launch first retail credit CPPI in New Zealand
The first credit product offered to retail investors in New Zealand using constant proportion portfolio insurance (CPPI) techniques has been launched by French bank Calyon and Forsyth Barr, a New Zealand stockbroking and investment advisory firm.
In the frame
Seven of the industry's top op risk executives debated framework implementation at a recent roundtable discussion in New York, moderated by Ellen Davis and sponsored by enterprise-wide risk solution firm FRS
Santander appoints new quants head
Banco Santander Central Hispano has hired François Friggit as head of quants, for interest rates and hybrid products at the bank’s headquarters in Madrid.
StanChart appoints three in FX and rates
Standard Chartered has made three new appointments to its foreign currency options and interest rates derivatives desks based in London.
Calyon names energy trading head
Calyon has hired Neil. Rothwell from Dresdner Kleinwort Wasserstein as global head of energy trading.
IIC launches euro iBoxx ABS index
Frankfurt-based International Index Company (IIC) has launched the iBoxx EUR ABS 50 index, which consists of the 50 largest and most liquid AAA-rated European floating rate asset-backed securities (ABS) and mortgage-backed securities (MBS). Each…
Calyon names head of hybrid structuring
Calyon has appointed Steve Sahara as global head of hybrid capital structuring, based in London.
FX and commodities head quits Calyon
Andrew Kellner, global head of foreign exchange and commodities at Calyon in London, has left the bank.
Calyon appoints new London treasurer
Calyon's Asia-Pacific treasurer, Phillipe Cotillon, is set to leave the French bank's Hong Kong office to take up a similar treasury role in London, according to RiskNews ' sister publication FX Week .
Calyon hires Quek to run Singapore office
Calyon has hired Winston Quek as its local capital markets manager in Singapore.