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Market upbeat as WeatherRisk 2002 opens
The WeatherRisk 2002 conference in New York opened today in upbeat mood, with speakers predicting strong future growth in the market despite the pull out of two leading weather derivatives trading firms, Enron and BNP Paribas.
Barclays Capital to boost derivatives effort in Mexico
Barclays Capital, the investment banking unit of the UK's Barclays, has hired Lorenzo Gonzalez Bosco from Bank of America to increase its derivatives origination, syndicated credits and bonds issuance in Mexico.
Iskander to head OTC structuring at Deutsche
Deutsche Bank has hired Michel Iskander to head its over-the-counter derivatives structuring business. He will manage a team of about 10 people in the newly created position. He will report to Toshio Okumura, head of the structured products group, and be…
ICE names Spencer as CFO
Atlanta-based commodities exchange, the IntercontinentalExchange (ICE), has made Richard Spencer its chief financial officer, a newly created role. ICE has also created an office of the chairman to manage the exchange’s rapid growth. The office of the…
Goldman steps up hedge fund effort with two hires
Goldman Sachs has added two new portfolio managers and transferred another pair to its hedge fund strategies group - a unit the investment bank claimed has seen significant asset growth in recent months.
Outram joins Kamakura in Asia Pacific
Honolulu-based risk management software firm, Kamakura, has made Jaqueline Outram managing director for client relationships and operations in Australia and the Asia Pacific region. She will also sit on the company's managing committee.
Meyer to step down from Fed
Lawrence Meyer, a US Federal Reserve Board governor, yesterday said he would resign from the board when his term ends on January 31. His departure will leave a second vacancy on the seven-member Fed board, after the retirement of former governor Edward…
Managing with a canny approach
Mike Thomas has enjoyed success with Martin Currie's hedge fund by capitalising on inefficiencies in the Japanese market
2002: the catch-up year for smaller players
Prime brokerage is famously dominated by a few leading participants who control the market. Sophie Radnor talks to the prime brokers who are hoping to win some market share in 2002.
Boom or bust?
In volatile markets, technology must enable managers to navigate these difficult conditions. Can the current systems feed the market?
Eurex elects exchange council
Eurex, the world’s largest derivatives exchange as measured by transaction volumes, named Dresdner Bank board director Leonhard Fischer as chairman of its new exchange council - the highest supervisory body of the Swiss-German exchange.
Ice to head US rates marketing at UBS Warburg
UBS Warburg, the investment banking arm of Switzerland’s UBS, has hired Michael Ice to head its interest rate derivatives marketing and structuring unit in the United States.
DrKW restructures credit derivatives group
Dresdner Kleinwort Wasserstein (DrKW) has undertaken a major reorganisation of its credit derivatives operations, and named Rick Weinstein its new head of credit derivatives.
Noonan to step down as American Re head
Ed Noonan will relinquish his role as president and chief executive of American Re, one of the largest reinsurers in the United States, at the end of March.
SG lures Deutsche’s Hopkin to securitisation team
SG, the investment banking arm of French bank Société Générale, has hired Richard Hopkin as deputy head of its European securitisation team.
CBOE's Walsh emerges as OneChicago ops head
Robert Walsh, vice-president of trade processing at the Chicago Board Options Exchange (CBOE), will become managing director of operations for OneChicago, the joint venture created to trade single-stock futures by Chicago's three derivatives exchanges:…
Ramseyer-Torres named DrKW deputy head of equities
Roselly Ramseyer-Torres, who has been steadily building up Dresdner Kleinwort Wasserstein’s (DrKW) equity derivatives capability, has climbed another rung in the German investment bank’s corporate ladder by being named deputy head of global equities.
Swiss Re’s Wilson joins Oliver, Wyman
Oliver, Wyman & Company, the New York-based consultancy, plans to boost its risk management practice by hiring Tom Wilson, former Swiss Re New Markets chief financial officer and chief risk officer.
Institutions in Australia and Asia open their doors to hedge funds
A combination of new regulations and a search for returns is opening up the Australasian market
Working towards success
Clare Flynn is one of the leading women in the hedge fund industry, Cate Rocchi finds out why...