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Misra departs Deutsche Bank
Rajeev Misra, Deutsche Bank’s global head of credit and commodities, has left the firm to set up a special opportunities fund, in which the bank is planning to invest.
MF Global names COO for North America
Bernard Dan has joined interdealer broker MF Global as chief operating officer of the company’s North American business.
Bank of England now responsible for financial stability
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SocGen AM departees form new sales team at Caam
Credit Agricole Asset Management (Caam) has made two new structured products sales appointments within its institutional, corporate and distributors international division. Franck du Plessix has been hired for the new role of head of structured product…
Habib parts company with Lehman Brothers
Adam Habib, managing director and head of equity structured retail products at Lehman Brothers in London will leave the bank at the end of this month to pursue his own business interests after reaching a final agreement on Friday June 13.
SG CIB makes two hires for equity derivatives team
Société Générale Corporate and Investment Banking (SG CIB) has hired two staff for its equity derivatives department.
Ivanov appointed Clearing Corp's chief risk officer
The Clearing Corporation (CCorp), Chicago-based provider of clearing services for global exchange-traded and over-the-counter derivatives, has appointed Stanislav Ivanov as chief risk officer.
Lehman Brothers expands Asia-Pacific corporate sales team
Lehman Brothers has made two senior appointments to its corporate sales team covering the Asia-Pacific region.
Aviva appoints Webber as group chief risk officer
Aviva, the London-based savings, investments and insurance group, has appointed Jim Webber as its group chief risk officer.
Fuhr parts company with Morgan Stanley
Morgan Stanley has disbanded its investment strategies team, which included ETF (exchange traded funds) managing director Deborah Fuhr. The team covered the investment and execution of delta one products, such as ETFs, and was broken up on May 16. Fuhr…
Lecler appointed for alternatives
Olivier Lecler has been appointed chief executive officer of SGAM Alternative Investments, effective June 1, 2008. Lecler joined Société Générale Group in 1996 as Strategic Studies Manager in the Finance and Development Division and in 1999 was appointed…
ETF Securities expands team in Germany, UK and Ireland
ETF Securities has bolstered its sales team by appointing Nigel Longley as Sales Director based in Frankfurt, where he will join Tim Harvey and Michael Geister in covering the German and Austrian markets. Longley will report to Hector McNeil, managing…
Mekhail to head Gatehouse Wealth
Mourad Mekhail has been appointed managing director of Institutional Wealth Management at Gatehouse Bank, the sharia-compliant wholesale investment bank. Mekhail reports directly into Ewa Gracey, Head of Distribution.
Marcus Schüler joins Markit
London-based data provider Markit has appointed Marcus Schüler as managing director in sales and marketing.
Basel Committee consults on liquidity risk management and supervision
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Rockefeller and SG Private Banking link up
Wealth management firm Rockefeller Financial Services and SG Private Banking will work together to service ultra high net worth individuals and family offices around the world. Both companies will also continue their own ongoing business activities.
Basel Committee drafts liquidity risk principles
The Basel Committee on Banking Supervision today issued for public comment enhanced global Principles for Sound Liquidity Risk Management and Supervision , with a July 29 deadline for responses.
Latham & Watkins hires derivatives expertise
Latham & Watkins has appointed Witold Balaban as a partner in its corporate department, who leaves rival New York firm Davis Polk and Wardwell to take the role. Balaban's role at Latham will see him focus on both equity derivatives and cross-border…
Deutsche Bank hires Victor Chao in Taiwan
Deutsche Bank Private Wealth Management has appointed Victor Chao as head of private wealth management, Taiwan. Chao, who is based in Taipei, will be responsible for managing and overseeing the franchise in Taiwan and will report to Kenneth Toong, head…
AIG replaces CEO after subprime losses mount
US insurance firm American International Group (AIG) has replaced its chief executive officer, Martin Sullivan, after reporting billions in losses caused by turbulent credit market conditions.
Axa Asia Life names regional chief actuary and risk head
Axa Asia Life has promoted Mark Stamper to the position of regional chief actuary and head of regional strategic finance, a Hong Kong-based role incorporating the duties of regional chief risk officer.