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Tullett moves into energy

Market data provider Tullett Prebon Information has named Craig Tee as its first head of global energy and commodities.

Meteor lands in UK market

A new company, Meteor Asset Management, has been set up to distribute structured products in the UK. The company is headed by Graham Devile and Phil Saunders both who previously worked at UK structured products provider, Nvesta. Meteor is targeting the…

TXU agrees to record $45 billion buyout

The board of TXU Corp, the Dallas-based energy company, has agreed to a $45 billion takeover by private equity firms Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs, the investment bank.

Dresdner hires head of distribution

Dresdner Kleinwort, the investment banking arm of Dresdner Bank, has appointed Stefan Guetter as head of global distribution, replacing Garrett Curran, who has become head of global finance.

Russia opens up

Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports

Event horizon

Rick Cech takes a second look at what makes up operational risk event types, and asks if there is a more advanced way to define them

Dougan chosen to replace group chief at Credit Suisse

Brady Dougan, chief executive of Credit Suisse’s investment banking division, has been appointed successor to Oswald Grübel as the group’s chief executive. Grübel plans to retire at Credit Suisse’s annual general meeting on May 4.

Ixis AM promotes Masson to head of European sales

Ixis Asset Management Global Associates (Ixis AM) has made Sébastien Masson head of European sales. He will be responsible for managing the Paris-based Europe sales team, which covers Switzerland, Iberians, Skandies, Benelux and Austria. He will report…

Barclays Capital hires head of emerging markets

UK investment bank Barclays Capital has appointed Nicholas Moreira as managing director and head of emerging markets equity derivatives trading. Based in London, Moreira will report to Dixit Joshi, head of equity derivatives.

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