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Three Dresdner bankers move to Renaissance Capital
Three more bankers from Dresdner Kleinwort have moved to Moscow-based investment bank Renaissance Capital.
Ex-Tullett Prebon man joins City Index
Geoff Chapman, the former global head of information technology at London-based interdealer broker Tullett Prebon, has joined London-based spread-betting firm City Index.
5% salary growth continues for energy risk execs
Salaries and total compensation for risk professionals at energy companies continued to grow at an average of 5% in 2005 over the previous year, according to the Professional Compensation Survey.
Credit Suisse overhauls equities division
Credit Suisse has restructured the management of its equities division, after revenues fell by 45% earlier this year.
BGI appoints Asian official institutions head
Barclays Global Investors has appointed James Blair as head of official institutions in Asia, excluding Japan.
Bear Stearns expands senior team
Bear Stearns has expanded its senior team with four internal promotions.
TradeBlade adds to management team
Tullett Prebon have announced three new senior additions to the management team of TradeBlade, the interdealer broker’s electronic platform.
Industry and regulators argue over Basel II NPR conservatism and competition
Arguments over how Basel II should be implemented in the US came to the fore at the US Senate hearing.
Schwartz moves to BarCap
Douglas Schwartz has left UBS to join Barclays Capital, in the newly created role of client services manager in the bank’s e-commerce group.
Fed appoints Cole as director of banking
The Federal Reserve Board has promoted Roger Cole to director of the banking supervision and regulation division.
Bear Stearns chairman becomes Europe boss
Michel Peretie, chairman of Bear Stearns’ international arm, has been appointed to the new post of chief executive in Europe.
The road to Basel II
The new Basel capital Accord is creating headaches for banks around the globe. However, Middle Eastern institutions that offer Islamic banking products have even more hurdles to jump. By John Ferry
BNP hires two in hedge fund equity finance sales
BNP Paribas has filled two new positions on its European team selling equity finance to hedge funds.