People
The sewers of Jefferson County
Auction-rate Securities
Faltering flows
Prime broking
Chancellor appoints new FSA chairman
Daily news headlines
Blue Sky appoints managing director and chief investment officer
Investment boutique Blue Sky Asset Management has appointed James Chu as managing director and chief investment officer, based in London. Chu, who co-founded Blue Sky along with Chris Taylor, chief executive, will work alongside former HSBC Asset…
ETF expert Deborah Fuhr steps down from managing director role
Deborah Fuhr has stepped down from her position as a managing director based in London at Morgan Stanley this week, according to the investment bank. While Fuhr remains at Morgan Stanley, the bank offers no comment on what role she will now occupy.
European Commissioner backs power exchange merger
EU energy commissioner Andris Piebalgs has backed the merger of Germany’s European Energy Exchange (EEX) and France’s Powernext to create single Franco-German power spot and futures markets.
Jon Gregory quits Barclays Capital
Jon Gregory, London-based global head of credit quantitative analytics at Barclays Capital, is leaving the firm today.
JP Morgan’s King of securitisation departs
Bill King, JP Morgan’s global co-head of securitised products, is leaving the bank.
Adair Turner to head FSA
Adair Turner will succeed Callum McCarthy as chairman of the UK Financial Services Authority in September this year.
Iosco stiffens code of conduct for rating agencies
The Madrid-based International Organisation of Securities Commissions (Iosco) has issued a report tightening its voluntary code of conduct for rating agencies.
Mishkin resigns from Fed board
Frederic Mishkin will step down as one of the governors of the US Federal Reserve in August, creating a third vacancy on the seven-seat board.
FSA publishes feedback on the liquidity requirement discussion paper
Daily news headlines
Merrill Lynch suspends equity derivatives trader
Merrill Lynch has initiated a probe into suspicious activity detected on one of its equity derivatives trading desks, suspending one of the traders at the desk.
Marking to market, to model or to matrix?
10. Mark-to-market
Monoline insurers and the super-senior bombshell
9. Monolines
The future for CDOs: An end to complexity?
12. The outlook