Risk Awards 2023: KMV co-founder helped usher in a new era of credit risk analysis – at banks and investors
Latest job changes across the industry
Departure from blockchain firm follows other top exits in last few months
Masters’ firm quietly moves beyond finance; works with PNC Bank
Margining non-cleared derivatives a “massively under-optimised space”, says Digital Asset chief
Derivatives market pioneers co-opt bitcoin tech in bid to transform mainstream markets
Americas commodity head says bank is well positioned to cope with new rules
Contributions to commodity trading and risk management honoured
John Anderson and Michael Camacho to replace Blythe Masters
Other commodities moves at Barclays, Citi, Goldman and Shell
Departure by Samuels follows resignation of Blythe Masters
Oral Dawe built up JP Morgan's commodities business into one of the largest platforms in Asia since joining the US bank from Goldman Sachs in 2008.
JP Morgan is to separate its currencies and commodities businesses.
Two long-standing JP Morgan derivatives veterans, Bill Winters and Blythe Masters, have received additional responsibilities at JP Morgan Chase, following a reshuffle at the US bank.
JP Morgan Chase has assigned the largest chunk of its IT budget for the next two years to overhauling its portfolio management infrastructure, according to the US bank’s head of portfolio management Blythe Masters.
Hit by increased loan loss provisions, credit rating downgrades and a below-book-value market capitalisation, JP Morgan Chase is conceding that a plan to reduce concentrations of credit risk in the firm’s loan and derivatives portfolio has been overtaken…