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Isda AGM: Regulatory scrutiny of derivatives likely, says Moulds
The derivatives industry faces a period of heightened scrutiny by regulators, mirroring the supervisory review in the wake of a series of mis-selling scandals in the 1990s, said Jonathan Moulds, president for Europe, the Middle East, Africa and Asia at…
Isda AGM: Isda names new chairman
The International Swaps and Derivatives Association (Isda) named Eraj Shirvani, a credit trading specialist at Credit Suisse, as its new chairman at its annual general meeting in Vienna today.
Nomura hires HSBC Asia risk head Denby
Nigel Denby, formerly Asia head of traded credit and market risk at HSBC in Hong Kong, joined Nomura on April 9 in a newly created post as regional head of risk management and credit in the same city.
Deutsche poaches JP Morgan credit execs for equity derivatives
Deutsche Bank has hired three former JP Morgan credit executives to form a China institutional equity derivatives sales team, to be headed by Cindy Wang.
Calyon appoints Lainé head of Asia fixed income
Calyon, the corporate and investment banking arm of Credit Agricole, has promoted Frédéric Lainé to head of fixed-income markets for Asia, excluding Japan.
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.