NatWest Group
RBS appoints emerging market rate head
The Royal Bank of Scotland has appointed Stephen Laughton to the new position of head of global emerging-market interest rate options and exotics.
RBS snares alternative risk transfer head from Morgan Stanley
The Royal Bank of Scotland has recruited Eugene Dimitriou as head of alternative risk transfer, global banking and markets.
RBS shuffles leveraged finance team
The Royal Bank of Scotland has made two personnel changes to its leveraged finance business.
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 ),…
RBS debuts trading of electronic inflation swaps
The Royal Bank of Scotland (RBS) has launched electronic inflation swap trading within its single-dealer portal on Bloomberg.
RBS appoints COO for Asia-Pacific
The Royal Bank of Scotland (RBS) has appointed Mike Kirby as chief operating officer for Asia-Pacific within its global banking and markets (GBM) business.
RBS extends electronic rates swaps to Asia
Royal Bank of Scotland (RBS) has extended the trading hours of electronic trading of US dollar interest rate swaps on Bloomberg to include Asian business hours.
RBS axes up to 60 jobs in rates and forex
The Royal Bank of Scotland (RBS) yesterday eliminated up to 60 positions in its global banking and markets business. Most of the redundancies were made in the rates business, although some came in foreign exchange. Trading, research, sales and ecommerce…
RBS establishes Japanese equity derivatives business in Tokyo
The Royal Bank of Scotland (RBS) has launched a Japanese equity derivatives business within RBS Securities Japan, its wholly owned subsidiary in Tokyo, the bank said in a statement.
CDS IndexCo and Markit launch synthetic US CMBS index
CDS IndexCo and Markit have launched CMBX, a range of synthetic credit default swap (CDS) indexes of US commercial mortgage-backed securities (CMBS), which will trade from today.
RBS makes high-yield appointment
Royal Bank of Scotland has hired Kevin Connell as vice-president in its high yield capital markets group in London. He will be involved in both corporate and sponsor-related high yield transactions, in which he will provide origination and execution…
RBS names new head of Asian futures
Royal Bank of Scotland (RBS) has named Chin Leng Woon as its new head of futures for Asia at its Singapore office.
Questioning the numbers
Model risk has become a key focus for financial institutions. But how do dealers ensure their models are implemented correctly and that they accurately reflect the risks an institution is running? By Laurence Neville
RBS Greenwich Capital poaches McGeehnan for its FX sales team
Royal Bank of Scotland Greenwich Capital has hired Jimmy McGeehnan to bolster its foreign exchange presence among key hedge fund and asset manager clients.
Dealers boost online emerging market forex options services
Bank of America and Citigroup are among the latest in a series of banks building up online capabilities for emerging market currency options, as the market for the products continues to expand.
Calyon hires Quek to run Singapore office
Calyon has hired Winston Quek as its local capital markets manager in Singapore.
Five market-makers back CME eurozone inflation futures
Barclays Capital, Ixis Corporate and Investment Bank, Lehman Brothers, Nomura International and the Royal Bank of Scotland have all agreed to become market-makers for the Chicago Mercantile Exchange’s (CME) new eurozone inflation futures contract. The…
RBS raids Shinsei to establish leveraged finance business in Tokyo
Royal Bank of Scotland (RBS) has poached an eight-strong team from Shinsei Bank in Tokyo to extend its leveraged finance business into Asia.
RBS names Au as Singapore financial markets head
The Royal Bank of Scotland has appointed Ka Wing Au as head of financial markets in Singapore, replacing Will Lawton.
IAS 39 pushes Europe back to basics
Eight months after the introduction of International Financial Reporting Standards (IFRS), dealers say there has been a discernable impact on the derivatives market, as European firms look to simplify hedging strategies.
RBS appoints insurance coverage head
Royal Bank of Scotland (RBS) has hired Gareth Braithwaite as global head of insurance for its financial institutions relationship management team.
European ABS: Will it end in tiers?
As part of a special focus on asset-backed securities, we take a look at the European ABS market. After a prolonged period of spread compression, credit tiering may be making a return to the market, as Alan McNee reports
RBS beefs up equity derivatives distribution
The Royal Bank of Scotland has raided its rivals’ sales desks by hiring three directors in equity derivative sales to cover Germany, Italy and Scandinavia. The move signals the Edinburgh-headquartered bank’s intent on improving its distribution…
Deutsche hires Nam for MBS trading
Keeyeol Nam, formerly a senior vice-president at RBS Greenwich Capital, has joined Deutsche Bank as a director responsible for mortgage derivatives trading.