People
Barcap appoints head of structuring Asia-Pacific
Barclays Capital has appointed Chak Wong as a managing director, head of structuring in investment banking Asia Pacific. Wong, who will lead the Asia Pacific structuring team within investment banking on a cross asset-class basis, will report to Patrick…
RBS strengthens FX and rates exotics in Asia-Pacific
RBS has strengthened both its trading and structuring teams in Asia-Pacific with two senior appointments. Rubin Rajendram joins as head of euro and US dollar rates exotics trading and Richard Summerbell as head of currency structuring for Asia ex-Japan…
BarCap names New York forex structuring head
Tim Davenport has joined Barclays Capital as head of foreign exchange structuring for the Americas.
Evolution launches catastrophe derivatives division
Environmental brokerage firm Evolution Markets has introduced a brokerage and transaction service to focus on the catastrophe derivatives market.
UK regulators propose remedies for future mortgage bank recoveries
As a result of the fallout from the crisis at Northern Rock, the UK Treasury, Bank of England and Financial Services Authority have produced consultation papers with recommendations on how to deal with similar episodes in future.
Energy Risk’s Asia Awards 2008
The emerging and often illiquid nature of some of Asia’s energy markets has made them a challenging environment in which to work during the credit crunch. Despite this, there are some impressive success stories. Our Asia Awards honour seven companies…
Elmlinger exits Citi
Joe Elmlinger, New York-based head of global equity derivatives at Citi and a director of the International Swaps and Derivatives Association, has left the firm.
Citi creates retail structured products group
Citi has formed a global retail structured products group and appointed Richard Burns, previously head of equities structured products, to lead it.
Carbon market associations join forces
A merger between the Carbon Markets Association (CMA) and International Carbon Investors (ICI) has brought together sixty banks, law firms and service providers that work within the carbon market, including Barclays Capital, JP Morgan and RBS Sempra.
SEC fills commissioner positions
Troy Paredes and Luis Aguilar have joined the US Securities and Exchange Commission (SEC) as commissioners.
RBS’s Hickey to chair European Securitisation Forum
Mark Hickey, head of financial institutions debt capital markets for Europe, the Middle East and Africa (EMEA) at the Royal Bank of Scotland (RBS), has been elected vice-chair of the European Securitisation Forum (ESF) for 2008, and as chair for 2009.
Commission out with two rating agency consultation papers
Daily news headlines
Legal experts see myriad of concerns facing hedge funds
Legal solutions
Hedge fund ponder choices and challenges of pre-trade analytics
IT pre-trade analytics
Russian gas fund sees challenges with outstanding opportunities
Russia's privatisation of its energy sector is throwing up some good prospects as well as challenges for Pharos Financial. Jamie Wynn-Williams talks to the investment company about how it has found ways to take advantage of the opportunities in the…
BNP Paribas Private Bank links to create Anglo-Dutch wealth manager
BNP Paribas Private Bank (BNP PPB) and Insinger de Beaufort Holdings have concluded a strategic partnership which will see BNP acquire, for €60 million, a 35% interest in Insinger de Beaufort Holding. In parallel, BNP PPB will combine Nachenius Tjeenk,…