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DB Advisors expands its quantitative strategies team
Deutsche Bank's asset management division, DB Advisors, has appointed Ross Sakamoto as senior product specialist for quantitative strategies.
BoNY appoints head of EMEA structured finance
The Bank of New York Mellon has appointed Dean Fletcher as managing director of its structured products group covering Europe, the Middle East and Africa (EMEA) for the international division of the company’s global corporate trust business.
Carson global head of Deutsche’s new derivatives unit
Deutsche Bank has named Richard Carson as global head of global equity derivatives (GED) - a newly-integrated business unit that includes the bank's vanilla, synthetic and complex equity derivatives franchises.
UBS appoints Philip Lofts as new group risk COO
UBS has made changes to its risk division, appointing Philip Lofts as group risk chief operating officer. The appointment comes a month after the bank, which has been the biggest victim of the subprime losses, released a report to shareholders citing …
UBS in risk management shake-up
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UBS names head of US equity structuring
Greg Morris has left Deutsche Bank to join UBS Investment Bank as head of US equity structuring.
CME information head retires
James Krause, chief information officer at the Chicago Mercantile Exchange, is to retire at the end of June. He will be replaced by his deputy, Kevin Kometer.
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Promising developments
Historically, cross-border mortgage lending has been a limited market with select players offering piecemeal loans to those looking for holiday homes. Now originators are assessing the potential of so-called emerging mortgage markets, where new ventures…
Regulatory burden set to increase
Financial institutions hoping for some relief from the myriad of regulations introduced in recent years are set to be disappointed, according to recent research from global advisory firm Deloitte.
Joshi and de Vitry expand their roles at BarCap
Two of Barclays Capital’s most senior staff, Dixit Joshi and Benoit de Vitry, have been promoted to take on wider responsibilities at the bank.
Rothwell departs JP Morgan
Giles Rothwell has left JP Morgan, where he was global head of structured investments distributor marketing. He has been replaced by Beat von Gunten, previously head of structured products distributor marketing for Europe, the Middle East and Africa at…
UBS makes two hires for metals team
UBS has appointed Paul Wilkes and Clive Stocker to its metals team.
Valet replaces Oudea as CFO at Société Générale
Didier Valet has been promoted to group chief financial officer at Société Générale, succeeding Frédéric Oudea, who became chief executive last month.
Rothwell departs JP Morgan
Giles Rothwell has left JP Morgan, where he was global head of structured investments distributor marketing and has been replaced by Beat von Gunten, previously Emea head of structured products for distributor marketing at JP Morgan in London. Rothwell…
Moody's COO to retire
Brian Clarkson, president and chief operating officer (COO) of Moody's Investors Service, will retire at the end of July. He will be replaced as COO by Michel Madelain.
$2.2 billion loss as Fannie Mae mortgage purchases continue
Fannie Mae has posted a $2.2 billion loss for the first three months of 2008 as the government-sponsored entity continues to take a battering for its role in propping up the ailing US mortgage market.
SEC’s Paul Atkins to step down
Paul Atkins, a commissioner at the US Securities and Exchange Commission, will step down after his term ends next month.