UBS
Deutsche Bank wins corporate derivatives rankings
Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…
Deutsche Bank wins corporate derivatives rankings
Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…
Probitas Partners hires new principal
Adam Frieman has joined California-based liquidity and portfolio management services firm Probitas Partners as a principal.
UBS to trade derivatives in Mexico
UBS, the Swiss financial services provider, is to launch banking services in Mexico, after being granted a licence to operate in the country.
London-based UBS structurer departs
Jamil Ghalayini, London-based foreign exchange structurer at UBS, has left the bank.
UBS hires Liverance
UBS has announced the appointment of Eric Liverance as executive director and head of US rate derivatives strategy.
Calpers increases hedge fund exposure to $4 billion
Sacramento-based California Public Employees’ Retirement System (Calpers) has announced plans to increase the size of its hedge fund investments to as much as $4 billion by the end of this year.
Nine banks to build Mifid utility
Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform, to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) reforms.
Schwartz moves to BarCap
Douglas Schwartz has left UBS to join Barclays Capital, in the newly created role of client services manager in the bank’s e-commerce group.
ABN Amro hires inflation trading head
Amsterdam-based ABN Amro has hired Paul Canty as European head of inflation trading.
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.
ABN Amro names new head of Asian derivatives
ABN Amro has named Muse Kwong as its new head of Asian derivatives.
Ritter to head credit operations at Deutsche Bank
Deutsche Bank has appointed Mark Ritter as chief operating officer of its global credit trading arm. The move, effective immediately, comes one year after his high-profile move from UBS, when he joined Deutsche as global head of commodities.
Dealers move to tackle equity derivatives operational issues
Equity derivatives dealers are holding discussions on how to deal with operational issues facing their market, with 17 leading banks meeting at the London offices of UBS yesterday to discuss the matter. This was the first meeting of the Equity…
SunGard to offer UBS algorithmic trading
Software provider SunGard will offer its customers access to Swiss delaer UBS' algorithmic trading product from today.
Exchange Risk and Reputation
Lightning, it is said, will only strike twice in the same place if it is induced to do so. Strange forces, then, must inhabit the Ohtemachi First Square Building, whose residents have fallen victim to yet another bolt from the blue.
Copper scandal prompts SRB to ban trading
China is to ban units within its State Reserves Bureau (SRB) from trading in equity, foreign exchange, corporate bonds and derivatives, according to newswire reports in Beijing.
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.
Major dealers issue joint letter to Fed on credit derivatives
The New York Federal Reserve meeting with 14 major dealers on September 15 appears to have succeeded in coercing the industry into taking more concerted action to tackle the mounting problems in credit derivatives confirmation backlogs. Following the…
Deutsche snares top UBS energy structurer
Deutsche Bank has hired Louise Kitchen as global head of commodities structuring and marketing, based in New York.
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.
iTraxx credit-linked notes launched
International Index Company, the Frankfurt-based firm that administers the European and Asian iTraxx credit derivative indexes, has launched three five-year iTraxx credit-linked notes.
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…