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Barclays appoints Jenkins chairman for Middle East
Barclays has appointed Roger Jenkins chairman of investment banking and investment management (IBIM) for the Middle East.
ABN Amro poaches Sturmey as Asia-Pacific ECM head from UBS
ABN Amro has appointed John Sturmey as its Hong Kong-based head of equity capital markets (ECM) for Asia-Pacific. He moves from a similar role at UBS in Hong Kong.
JP Morgan announces new heads post-merger
JP Morgan has appointed five Bear Stearns executives to top positions, in its first senior management restructuring since it rescued the rival bank.
Semerci to head Duet after leaving Merrill
Duet Group, a London-based alternative asset manager, has appointed Osman Semerci as chief executive and partner.
State Street names new chief risk officer
Boston-based financial services firm State Street has appointed Maureen Miskovic as its chief risk officer.
Khamphet joins Deutsche Asset Management to head up structured products development
Davone Khamphet has joined Deutsche Asset Management (Dam) in charge of structured product development in Australia.
Ferguson leaves Swiss Re to head TIAA Cref
Roger Ferguson has been appointed president and chief executive officer of New York-based pension fund Teachers Insurance and Annuity Association, College Retirement Equities Fund (TIAA Cref).
Troubled broker names new CFO
MF Global, the interdealer broker that lost $141.5 million in a rogue trading incident earlier this year, has named Randy MacDonald as its new chief financial officer (CFO).
Paulson regulatory shakeup looks unlikely
US Treasury secretary Hank Paulson’s long-awaited proposals to overhaul the US financial regulatory system have received a tepid response from the market, which is enthusiastic about the intent of the proposals but sceptical that they will ever be…
Ex-Abbey team to launch structured products at Investec
Investec Capital Markets is creating a new structured products retail business as the UK market continues to expand. The unit will be headed up by Gary Dale, who was responsible for Abbey’s Independent Financial Adviser (IFA) business until last month.
Moody’s bids to improve RMBS process
As the US subprime mortgage crisis shows little signs of relenting and few new securitisations are coming to market, the process of identifying what went wrong and how future calamities might be prevented has commenced.
US financial regulatory structure poised for change
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Essent Trading - Scaling barriers
In a frank appraisal of the state of energy trading in Europe, Essent Trading CEO Paymon Aliabadi tells Roderick Bruce about Essent's attempts to overcome the issues that still confront traders, and his vision for an integrated European market
The big freeze
The US subprime crisis has shown how market illiquidity can affect trading. Yet liquidity risk is a fact of life for commodity firms. William Rhode looks at how to mitigate it