NatWest Group
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.
RBS makes senior rates hire
Royal Bank of Scotland’s financial markets division has appointed Chris Fleming as head of rates flow and liquid products sales.
RBS appoints head of inflation trading
The Royal Bank of Scotland (RBS) has appointed Chris Thomas as head of sterling inflation trading and deputy head of its inflation trading business.
RBS hires head of high yield trading
The Royal Bank of Scotland (RBS) has hired Brent Eastburg as head of high yield trading in its capital markets unit.
Market Axess and DTCC team up to offer CDS index trading system
Electronic bond trading platform company MarketAxess has teamed up with the Depository Trust & Clearing Corporation's (DTCC) and 11 global dealers to create an electronic client-to-dealer trading platform for credit default swap (CDS) indexes. The CDS…
BGI hires in fixed income ahead of hedge fund launch
Barclays Global Investors (BGI), the San Francisco-based asset management arm of Barclays Bank, has made four hires in its fixed-income department in anticipation of the launch of new long/short fixed-income products fund.
RBS hires five in derivatives sales team
RBS Greenwich Capital, the Connecticut-based fixed income business of the Royal Bank of Scotland (RBS), has made five new hires for its North American financial institutions and corporate sales teams.
Banks leapfrog the rating agencies
European banks are cutting rating agencies down to size with a new loan data pooling initiative. Dutch bank NIB is leading the initiative. By Nicholas Dunbar
Derivatives dealers focus on mid-caps
Derivatives dealers are focusing more on mid-cap corporates this year as an alternative to the arguably over-banked blue chip companies, say some market participants.
Bloomberg and TradeWeb enter multi-dealer electronic swaps trading fray
Competition in dealer-client electronic euro swaps trading is heating up with the launch of two new 'request-for-quote' (RFQ) multi-dealer interest rates swaps platforms in quick succession.
RBS to offer interest rate swap trading through Bloomberg
Royal Bank of Scotland’s (RBS) London-based Financial Markets division has expanded its Bloomberg Electronic Trading offering by adding euro interest rate swaps.
RBS boosts equity derivatives sales team
Royal Bank of Scotland (RBS) has hired Andy Savill as an equity derivatives sales manager for the UK and Ireland.
RBS hires head of US dollar options trading
RBS Greenwich Capital has appointed Michael Lyublinsky as global head of US dollar option trading in its interest rates division.
Deutsche Bank hires MBS group heads
Deutsche Bank has hired Neil Ahuja and John Roach as head of mortgage-backed securities (MBS) and mortgage derivatives trading, respectively.
RBS offers freight derivatives
Royal Bank of Scotland (RBS) has started offering shipping derivatives, in the form of forward freight agreements (FFAs) linked to the transport costs of bulk commodities to its client base.
Eaton named head of RBS risk financing and repackaging
Royal Bank of Scotland has appointed Scott Eaton as head of risk management and repackaging in its capital markets business.
Royal Bank of Scotland appoints e-commerce business developer
The Royal Bank of Scotland (RBS) has transferred Clive Standish to its New York office as vice-president and e-commerce business developer, within the North America financial markets team.
Bank of America strengthens its European debt platform
Bank of America has made a number of appointments to its European debt team in London.
Gupta to co-head credit trading at RBS
Sanjeev Gupta, formerly a managing director for credit derivatives at Credit Suisse First Boston (CSFB), has come out of retirement to help spearhead the build-up of Royal Bank of Scotland’s (RBS) integrated credit business in the US.
RBS expands global derivatives team
The Royal Bank of Scotland has made several new appointments within its derivatives trading and marketing business.