People
JP Morgan and Goldman restructure foreign exchange
JP Morgan and Goldman Sachs have made senior management changes to their foreign exchange divisions that will come into effect early next year.
London-based UBS structurer departs
Jamil Ghalayini, London-based foreign exchange structurer at UBS, has left the bank.
NAB gets regulator’s nod to resume risk modelling
National Australia Bank (NAB) has received approval from the Australian Prudential Regulation Authority (Apra) to resume use of its internal model for the calculation of the market risk component of risk-weighted assets, the bank said in a statement…
RBS builds e-commerce team
The Royal Bank of Scotland (RBS) has made a series of hires in its e-commerce division.
BNP Paribas hires head of UK/Ireland/South Africa sales
BNP Paribas' Equity & Derivatives business (EQD) has hired Stephane Goursat as head of UK / Ireland / South Africa structured products sales.
Lehman names Italy chief and new head of European fixed-income sales
Lehman Brothers has named Riccardo Banchetti as chief executive for Italy
Headhunting firm expands credit sales
Hutton Consulting is expanding its credit headhunting business by branching out into fixed income sales.
SEC risk chief resigns
Charles Fishkin, head of the US Securities and Exchange Commission's Office of Risk Assessment, has resigned to join an asset-management firm.
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
Hong Kong SFC suspends Credit Suisse prop trader
A convertible bond proprietary trader at Credit Suisse has left the bank after being suspended by Hong Kong’s Securities and Futures Commission (SFC) for alleged insider trading.
Lehman names Italy chief and new head of European fixed-income sales
Lehman Brothers has named Riccardo Banchetti as chief executive for Italy.
BNP Paribas hires regional head of structured product sales
Stéphane Goursat has been named head of structured products sales at BNP Paribas for the UK, Ireland and South Africa.
CBOE names Griffith new vice-chairman
The board of directors of the Chicago Board Options Exchange (CBOE) has announced Bradley Griffith will serve as its vice-chairman in 2007.
Head of portfolio management leaves Primus
Charles Truett, head of portfolio management at New York-based credit derivatives company Primus Guaranty, is retiring at the end of March.
EIIB hires for new Bahrain office
The London-based European Islamic Investment Bank (EIIB) has hired Toby Lanyon as general manager for its newly opened Bahrain office. Lanyon joins from Nomura Investment Banking in Bahrain where he was head of equity derivatives marketing, Middle East.
Head gas trader quits JPMorgan
The head natural gas trader for JPMorgan has resigned after being asked to leave the investment bank, sources close to the situation said Friday.