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BNP Paribas appoints commodity derivatives head in Asia
Frederic Hervouet has been appointed head of commodity investor derivatives for Asia at BNP Paribas, reporting to Lionel Semonin, global head of commodity investor derivatives.
Credit Suisse strengthens Asian securities business
Credit Suisse has named Savady Yem head of European securities structured derivatives sales, replacing Osama Abbasi who has moved to Asia to become CS's head of global securities for non-Japan Asia, including Australia.
Prudential Fixed Income Management names chief investment officer
Prudential Fixed Income Management, an asset management business of Prudential Financial, has appointed Michael Lillard as chief investment officer (CIO), responsible for overseeing all portfolio management and trading across the firm. Additionally, the…
RBC names Morotti to head equity structured product trading
Franck Morotti has joined RBC Capital Markets as head of equity structured product trading, Europe. The appointment is the first in a series of hires marking the company’s expansion in both equity and mutual fund derivatives.
Société Générale reshuffles its Global Equities and Derivatives Solutions Division
Société Générale has made the first move to restructure its global equities and derivatives team, in the wake of the multi-billion euro fraud which led to the removal from the bank of Luc Francois, the former head of global equity derivatives.
RBC in equity and mutual funds expansion
Franck Morotti has joined RBC Capital Markets as head of equity structured product trading for Europe. The appointment is the first in a series of hires marking the company’s expansion both in equity and mutual fund derivatives.
Investigators step up pressure on rating agencies
Criminal investigators and regulators in the US have increased the pressure on credit rating agencies, saying they were "central" to the subprime crisis.
BoA institutional equities sales head leaves
Dean Curnutt, New York-based head of institutional equity derivatives sales at Bank of America, has left the bank.
IT firms report widespread data risks
Daily news headlines
Ex-quant replaces Nagioff as Lehman fixed-income chief
Andrew Morton has been named Lehman Brothers’ new global head of fixed income, following the announcement of Roger Nagioff’s departure on February 5. Nagioff became Lehman’s first global head to be posted outside the US in May 2007.
SGCIB names new derivatives sales chiefs
Société Générale Corporate and Investment Banking (SGCIB) named several new senior managers in its global equities and derivatives division today, continuing the reshuffle that started after the discovery of the bank's €4.9 billion rogue-trading losses…
CFTC names new global markets chief
The Commodity Futures Trading Commission (CFTC), based in Washington, DC, has appointed Jill Sommers as chairman of its Global Markets Advisory Committee. She takes over from acting chairman Walter Lukken, who has chaired this committee since October…
IACPM names new board
The New York-based International Association of Credit Portfolio Managers (IACPM) has elected Société Générale’s Allan Yarish as its chairman, with Neville Mallard, of ANZ, as his deputy. JP Morgan’s Donald Noe is the new treasurer. Each will hold their…
Dawnay Day Quantum appoints Alistair Hewit as Product Manager
Investment manager Dawnay Day Quantum has appointed Alistair Hewit as product manager. Hewit is responsible for the development of new structured investments and mutual funds. His role also entails managing the existing fund range.
Evolution Launches Freight Brokerage Division
Evolution Markets has launched a freight brokerage division, providing brokerage and structured transaction services to global ocean freight markets.
BNP in trading shake-up
BNP Paribas has moved its global head of interest rate and foreign exchange trading, Guillaume Amblard, to a new position as global head of fixed-income trading.
PDIG appoints new chairman
The London-based Property Derivatives Interest Group (PDIG) has appointed Nick Scarles as its new chairman.
IT is the place to be
Sara Utecht spoke with Christopher Cruden to hear all about Insch Capital's latest venture - an IT branch in Bulgaria ..
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