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CFTC chairman to leave for State Department
Reuben Jeffery, the chairman of the US Commodity Futures Trading Commission (CFTC), is expected to leave the futures regulator, after being nominated by US President George Bush as undersecretary of state for economic, energy and agricultural affairs…
Renaissance Capital continues derivatives expansion
Moscow-based investment bank Renaissance Capital has hired seven senior staff for its rapidly expanding derivatives, debt and fixed-income teams.
Axa CDO managers resign
Two of Axa Investment Management's top investment-grade collateralised debt obligation (CDO) managers have resigned.
Citi's risk management goup to be trimmed
Some risk management roles will be lost as part of Citi’s streamlining announced this week.
Bertrand des Pallieres leaves Deutsche Bank
Bertrand des Pallieres, Deutsche Bank's co-head of structured credit, has left the bank.
Deutsche Bank hires vice-chairman of equity capital markets
Deutsche Bank Securities, the US investment banking and securities arm of Deutsche Bank, has appointed Jeff Rosichan vice-chairman of equity capital markets, effective from late June.
Lehman hires for fixed-income expansion in Italy
Lehman Brothers has appointed Corrado Giovanelli to the new position of head of interest-rate product distribution for Italy, in an expansion of its fixed-income operations in the country.
RBS appoints former Dresdner derivatives head
Matteo Mazzocchi, former global head of equity and credit derivatives at Dresdner Kleinwort, has moved to Royal Bank of Scotland (RBS).
Klein returns to Deutsche Asset Management
Frank Klein has joined Deutsche Asset Management (DeAM) as its global head of institutional product management and development. He will be based in Frankfurt and report to Roelfien Kuijpers, New York-based global head of institutional business.
Bear hires Sun to lead Asia structured finance team
George Sun has joined Bear Stearns as head of structured credit marketing, Asia, in Hong Kong. He started his new position in March.
Probitas Partners hires new principal
Adam Frieman has joined California-based liquidity and portfolio management services firm Probitas Partners as a principal.
ABN Amro makes loan appointments
Dutch bank ABN Amro has appointed three new staff to its loan syndicate, sales and trading team.