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Nomura hires Korea head from Goldman
Japanese bank Nomura has appointed DK Shin as head of global markets for Korea, a newly created position that gives him responsibility for business expansion in the Korean market.
Terrorism Risk Insurance Act extended for 15 years
Daily news headlines
Evolution expands into global merchant banking
Evolution Markets Financial Services, a subsidiary of environmental market brokerage Evolution Markets, is set to expand its range of activities across global merchant banking within the environmental, energy and clean energy sectors.
CIT grows structured business in London
CIT Group, the New York-based commercial and consumer finance provider, has appointed two senior managing directors in its London office.
AIMA names new deputy chief executive
The Alternative Investment Management Association (AIMA) has named Andrew Baker as its new deputy chief executive.
ECX names new chief executive and chairman
The Amsterdam-based European Climate Exchange has named the former head of LCH.Clearnet, Patrick Burley, as its new chief executive.
New CFTC commissioners confirmed
The US Senate last week approved Jill Sommers and Bart Chilton as commissioners in the Commodity Futures Trading Commission (CFTC).
Liffe hires business development heads
Liffe, the derivatives subsidiary of Euronext, has appointed two business development directors as a result of the merger between Euronext and the New York Stock Exchange.
Morgan Stanley IM hires Kos to head sovereign arm
Dino Kos has joined Morgan Stanley Investment Management Asia in Hong Kong as head of central banks and sovereign wealth funds.
UBS replaces global head of fixed income
Andre Esteves has been appointed global head of fixed income at UBS after the departure of predecessor Simon Bunce.
Fortis expands commodities teams with UBS hires
Belgian-Dutch bank Fortis is expanding its commodity risk group with the hire of a metals team from UBS.
Bear Stearns president quits
Warren Spector, co-president and co-chief operating officer of Bear Stearns, has become the latest and highest-ranking casualty of the failure of two of the bank's hedge funds.
Diederich leaves Credit Suisse for hedge fund
Stephane Diederich will join hedge fund manager Brevan Howard on September 19, after 13 years at Credit Suisse, where he was managing director, head of equity derivatives product management.
Diederich leaves Credit Suisse for hedge fund
Stephane Diederich will join hedge fund manager Brevan Howard on September 19, after 13 years at Credit Suisse, which he leaves as managing director, head of equity derivatives product management. Diedrich joins Brevan Howard as a partner tasked with…
NYSE Regulation names two new heads
Robert Marchman will take over the enforcement division at NYSE Regulation, the organisation responsible for the NYSE group of stock exchanges, and John Malitzis will lead its market surveillance group.
The magic of macro...
While getting the strategy and manager mix right may be the 'visible' end of a successful fund of hedge funds house, Permal's Omar Kodmani explains to Solomon Teague advances, such as those in technology are also allowing the $35bn London house to…
Eagle-eyed regulators make compliance and control allocators' key in loan market
loans/distressed debt
Best of breed
Hedge Funds Review honoured Europe's most successful single hedge funds managers and hedge fund groups in July, in London, at its annual single-manager European Performance Awards. The envelope please, and the winners were…
The best possible outcome...
Whether trading on exchanges or outside their boundaries, managers will find themselves compelled by the Markets in Financial Instruments Directive to ensure they are measuring, achieving and monitoring 'best execution.' But London lawyers counsel…