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CESR charts course for supervisory convergence on EU securities
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Tullett Prebon appoints director of Scandinavian rates
Tullett Prebon, the interdealer broker, has appointed Mark Lomax as director of Scandinavian rates.
UBS names new heads of commodities
UBS has named two replacements for its previous head of commodities, Peter Ghavami, who left the bank in October.
New Year start for E.On Energy Trading
From January 2008, German utility EOn will combine all its European power, gas, coal, oil and carbon trading operations in the new business EOn Energy Trading (EET), headquartered in Düsseldorf.
Tullett Prebon names new head of gas broking
Tullett Prebon has named Dan Simpson as a director of its energy division.
FSA “no light touch” on hedge funds, says Sants
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New commodity and structured credit heads at Calyon
Calyon has named Martin Fraenkel as its new global head of commodities and Benjamin Jacquard as global head of structured products, both based in London.
Citigroup names new chief risk officer
Citigroup has appointed Jorge Bermudez as chief risk officer, and is tightening up risk management after suffering major losses from the subprime crisis.
Kershaw joins ICG
Dagmar Kent Kershaw will join Intermediate Capital Group (ICG) as head of its London-based CDO and institutional mandate team.
Merrill brings Thain to helm
Merrill Lynch has appointed John Thain as chief executive officer to replace Stan O'Neal, who retired on October 30 after the bank announced a larger than expected $7.9 billion of writedowns due to subprime exposure.
Dagmar Kent Kershaw leaves Prudential M&G
Dagmar Kent Kershaw has resigned from Prudential M&G, where she was the London-based head of structured credit products since 2000.
CSI and BITS cut outsource risk
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JP Morgan takes Choukroun from BNP Paribas
David Choukroun has joined JP Morgan as managing director and global head of product development for flow and exotic derivatives within its equity derivatives group.
Iosco task force latest to investigate subprime crisis
The Madrid-based International Organisation of Securities Commissions (Iosco) is creating a task force to review the recent disturbance in global credit markets and decide whether the body can help prevent such problems in future.