UBS
DrKW creates Nordic derivatives marketing team
Dresdner Kleinwort Wasserstein (DrKW) has made three appointments to form a new Nordic financial institutions derivatives marketing team in London. The team will market the bank’s full range of derivatives products across asset classes to clients in the…
SG strengthens equity derivatives sales
SG, the investment banking arm of Société Générale, has appointed Fredrik Langley and Raman Khosla to its equity derivatives structured products sales team in London. Both take the title executive director, a new position within the group.
UBS creates combined credit trading group in Asia-Pacific
UBS has decided to combine its Asian, Australian and Japanese credit trading businesses into a single Asia-Pacific credit trading division. It has appointed Michael Halloran as co-head of the merged group.
BAAM creates CIO position
The Blackstone Group, a New York-based venture capital firm, has appointed Bruce Amlicke as senior managing director and to the newly created position of chief investment officer of Blackstone Alternative Asset Management (BAAM), the firm’s $9 billion…
SG strengthens equity derivatives flow products sales
SG, the investment banking unit of France's Société Générale has made a number of appointments within its equity derivatives flow products sales team.
Deutsche loses top LatAm derivatives marketers
Deutsche Bank has lost two of its top derivatives marketers for Latin America. Hugo Faria, head of Latin American derivatives marketing and Mauricio Esquenazi, Faria’s deputy, have left for UBS and Credit Suisse First Boston, respectively.
Enron veteran quits rates IT role at UBS
Jay Webb, a managing director for fixed-income rates and currencies derivatives IT at UBS, has resigned, bank officials have confirmed.
Martin Wiedmann leaves UBS
The departure of Martin Wiedmann from UBS in Zurich last week sparked a guessing game among his peers over which bank he is set to join, reports RiskNews ' sister publication FX Week .
HSBC names new London chief
HSBC will have a new head of European and Middle Eastern foreign exchange in London in early May, when Andrew Brown transfers from Hong Kong to take on the key role, reports RiskNews' sister publication, FX Week .
Wachovia expands structured credit team
Wachovia Securities, the corporate and investment banking arm of Charlotte-based financial services company Wachovia Corporation, has recruited five people to work within the structured credit products group.
DrKW adds to capital markets sales team in Singapore
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has hired Patrick Bei as a director in its capital markets sales team in Singapore.
UBS executes Bloomberg futures trades
UBS Investment Bank has become the exclusive executing broker for Bloomberg's Tradebook alternative trading system on the Chicago Board of Trade, Chicago Mercantile Exchange, Eurex and Euronext.liffe futures exchanges, reports Risknews’ sister…
Lehman raids Merrill team
Lehman Brothers has raided rival investment house Merrill Lynch for a team of three foreign exchange options dealers in London, sources close to the bank told Risknews’ sister publication FX Week .
UBS snares inflation derivatives trader
Swiss investment bank UBS has hired Dariush Mirfendereski, an inflation derivatives trader, from UK-based rival Barclays Capital.
Banks move in as Asian regulators ease derivatives restrictions
Banks operating in Asia are rushing to apply for licences to enable them to transact non-renminbi derivatives in China, following a relaxation of the rules from March 1.
UBS appoints derivatives specialist to head Asian equities
UBS has appointed Chi-Won Yoon, the bank’s Hong Kong-based managing director of equity risk management, as its new Asian equities head, following the relocation of former head, John Holland, to London last September.
DrKW adds to credit derivatives team in Singapore
Dresdner Kleinwort Wasserstein (DrKW) has transferred Stephen Patterson, New York-based senior structurer for structured credit derivatives, to Singapore as a credit derivatives structurer.
UBS signs global data deal with Reuters
The investment banking arm of Switzerland’s UBS has signed a global deal with Reuters that will ensure its risk management systems receive market data in real time.
UBS takes 20% of active third-party CLS business with Saxo deal
UBS believes it has gained a 20% share of the third-party business conducted via the continuous-linked settlement (CLS) system. UBS said Denmark's Saxo Bank went live on the service today.
UBS hires forex strategist in London
Mark McFarland has joined the foreign exchange strategy team at UBS in London as a senior strategist, a spokesperson for the bank told Risk’s sister publication FX Week .
UBS ousts Citi from top spot in forex
UBS is the best bank in foreign exchange, according to a poll of nearly 1,000 voters conducted by RiskNews sister publication FX Week .
UBS hires Latin American trading head
Ron Goldshmidt has joined UBS's fixed income, rates and currencies division at Stamford, Connecticut, in the newly created position of head of Latin American trading.
UBS adds to Taiwan equity risk management team
UBS has boosted its equity risk management team in Hong Kong with the appointment of Alex Chi as executive director.
JP Morgan Chase plans US power trading foray
JP Morgan Chase is establishing a New York-based electricity trading desk, joining a growing number of banks that have entered the sector in the past year.