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Primus appoints Li as credit market strategist
Primus Financial Products, a New York-based wholesale provider of credit risk protection, has hired Rongfeng 'Becky' Li as a credit market strategist.
Merrill hires Galishoff to head proprietary mortgage arbitrage desk
Merrill Lynch has hired Alan Galishoff, previously head of the collateralised mortgage obligation (CMO) desk at JP Morgan Chase, to head its newly created mortgage relative value business.
UBS Warburg hires ex-Goldman prime brokerage head
Swiss investment bank UBS Warburg has hired Alex Ehrlich, the influential ex-head of Goldman Sachs' prime brokerage business, as its head of international hedge fund services.
BIS puts spotlight on credit risk transfer
In a report published today, the Bank for International Settlements (BIS) highlighted disclosure, concentration and the role of ratings agencies as key features of the credit risk transfer market that may need to be addressed with regulation.
SEC enforcement director to join law firm
Bill Baker, formerly associate director of the division of enforcement at the US Securities and Exchange Commission (SEC), is to join Latham & Watkins as a partner in the law firm's Washington, DC, office, on February 18.
Niche lenders brace for Basel
Banks with niche lending businesses are scrambling to assemble enough data to allow them to benefit from Basel II's most advantageous capital provisions. Gallagher Polyn reports on one successful initiative.
Bank One to hire six forex options traders
Chicago-based Bank One is set to hire six foreign exchange options staff around the world in a bid to capture more top-tier corporate business.
ABN Amro hires head of European bank origination
ABN Amro has hired Tim Skeet, a senior debt capital markets banker, as head of European bank origination.
GFI creates standalone chief financial officer role
Inter-dealer broker GFI has hired James Peers, a former Bank One executive, as its chief financial officer.
Refco hires new London FX head
Futures commission merchant Refco has named Farooq Muzammal as its new head of foreign exchange in London.
New chairman for Committee on Global Financial System
Roger Ferguson, vice-chairman of the Board of Governors of the Federal Reserve System, was named chairman of the Basel-based Committee on the Global Financial System (CGFS), the Bank for International Settlements said today.
New chairman for Committee on Global Financial System
Roger Ferguson, vice-chairman of the Board of Governors of the Federal Reserve System, was named chairman of the Basel-based Committee on the Global Financial System (CGFS), the Bank for International Settlements said today.
Sponsor's article > The role of correlation
David Rowe surveys recent research on the role of correlation between probability of default and recovery rates, as well as among default probabilities.
Lau-Hansen named marketing head at Primus
Primus Financial Products, an AAA-rated company offering credit risk protection on investment grade corporates, financials and sovereigns, has hired Candace Lau-Hansen from JP Morgan Chase as its new global head of marketing.
Merrill Lynch reshuffles Asia-Pacific equity derivatives team
In an effort to boost its market share in global structured equity derivatives, US investment bank Merrill Lynch has set up an equity structured solutions group. Brent Clapacs, Hong Kong-based head of equity trading for the Asia-Pacific region, will…
Talent spotting
With the competition growing within the markets, looking for experienced salespeople is proving difficult
Nine out of 10 long/short hedge funds fall below their watermark
CSFB/Tremont survey spells bad news for industry as most hedge funds, globally, show big shortfalls
Shariah Funds Inc introduces the first Islamic hedge fund aided by scholars
Islamic hedge fund market could be worth trillions in assets under managemenT
Facing the Quest
With returns of 8.22% in the past year, Collins Stewart's strict portfolio decisions are made through its own ranking system