People
Breaking down
Correlation
Fannie Mae announces management changes
Daily news headlines
Fannie flushes out CRO and CFO, but Mudd sticks
Fannie Mae has made several leadership changes aimed at improving capital management and reducing credit losses.
Ginnie Mae creates risk committee and appoints CRO
The US government-sponsored mortgage entity Ginnie Mae has established a risk committee and appointed Stephen Ledbetter as chief risk officer.
Braemar and Tullett Prebon form FFA broking team
UK-based shipping company Braemar Seascope and global inter-dealer broker Tullett Prebon have initiated a joint-venture to concentrate on broking forward freight agreements (FFAs).
BGC names Aubin global head of listed products
Interdealer broker BGC has appointed Jean-Pierre Aubin as global head of listed products, based in New York.
BarCap appoints new FX structuring head for Americas
Barclays Capital has appointed Tim Davenport as managing director and head of FX structuring for the Americas. Davenport joins the bank from Bear Stearns, where he was head of structured derivative products for the past two years.
Citi continues equity derivatives reshuffle
Following the departure of Citi's global head of equity derivatives, Joe Elmlinger, two of the bank's regional heads have also left their posts.
S&P names David Jacob as head of structured finance ratings
Standard & Poor’s has appointed David Jacob as head of structured finance ratings. He replaces Vickie Tillman, who has been acting head since January, when Joanne Rose became executive managing director for risk and quality policy.
BNP adds Zuberi to US structured credit desk
BNP Paribas has appointed Adnan Zuberi as a director on the structured credit desk in New York. He reports to Jerome Wong, the head of credit structuring for the Americas.
BarCap names head of structuring, Asia-Pacific
Barclays Capital has appointed Chak Wong as head of structuring for the Asia-Pacific region, based in Hong Kong.
Deutsche moves Price to US inflation post
Keith Price, currently responsible for UK retail price index trading at Deutsche Bank in London, is moving to the bank's New York office to take over as head of North American inflation trading.
European credit trading head leaves SocGen
Lionel Gibert, London-based head of European credit trading at Société Générale Corporate and Investment Banking (SG CIB), has quit.
World Energy to host RGGI carbon allowance auction
US online exchange operator World Energy has signed a contract with RGGI Inc – an administrative subsidiary of the Regional Greenhouse Gas Initiative (RGGI) – to host its first auction for regional carbon dioxide (CO2) allowances.
RBS makes four hires for Asia-Pacific rates and currency
Royal Bank of Scotland (RBS) has made four senior additions to its rates and currency trading and structuring teams in the Asia-Pacific region.