People
Deutsche names new head of Korean trading
Deutsche Bank has named In-Suk Jung as head of trading for the bank’s global markets unit in Korea. He will be responsible for local fixed-income products, including derivatives.
No gods or stars for this fund
Richard Clarke prepares for the launch of his first hedge fund from his recently formed company, Clarke and Bartlett Asset Management
Reading the signs
Cate Rocchi discusses the $60m Clarion Offshore Fund which has grown over 265% since launching in 1996
Gently does it for steady returns
Mike Rice, fund manager of the Clear Fund at R&B Investment, favours sustainable performance over short term gains
Lightening the load
Sophie Radnor looks at the increasing range of services offered by administrators
Profits taken by the truly hedged
Jeff Benjamin looks at the repercussions of the recent terrorist attacks on the World Trade Center. He asks, how hard has the market been hit and how long is recovery likely to take?
CSFB closes precious metals business
Leading global investment bank Credit Suisse First Boston is to close its London, New York and Sydney precious metals market-making and structured derivatives, clearing and vaulting businesses.
BoA promotes Fall to head of EMEA
Bank of America has promoted William Fall, its head of global risk management, to president for Europe, Middle East and Africa (EMEA). He replaces Douglas Bowers, who has been based in London for the past eighteen months and is relocating back to the…
Venture capitalist replaces Sandor on Liffe board
The London International Futures and Options Exchange (Liffe) has appointed Chinh Chu, senior managing director of private equity at New York-based venture capital firm, The Blackstone Group, to its board. He replaces derivatives veteran, Richard Sandor,…
KWI appoints senior board members
KWI, the London-based supplier of trading and risk management systems for the energy market, has made two board-level appointments as part of an effort to grow its business.
S&P moves to rate hedge fund of funds
International rating agency Standard & Poor’s (S&P) has started to develop ratings criteria for securitisations of hedge fund of funds, due to growing interest in the past year from structured finance teams at investment banks.
New CEO for MTS Japan
Fabrizio Lavezzari had been named as the new chief executve of MTS Japan, the electronic platform for Japanese bonds. He replaces William Campbell, who a senior MTS official said had left to pursue other personal and business interests. The official said…
Reuters snares Trott for RTS
International financial information and trading technology provider Reuters has talked former Bank of England chief forex dealer Jim Trott out of retirement to join the firm as strategic and commercial manager for Reuters Treasury Services (RTS).
Risk expert Zakaria takes a top post at Merrill
Merrill Lynch has promoted its corporate head of risk management, Arshad Zakaria, to co-head its corporate and institutional client group (CICG). He will have executive responsibility for global investment banking, debt, equity and securities services…