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Bank of China’s credit risk chief quits, say reports
Lonnie Dounn, the Bank of China’s credit risk chief, resigned in April, slightly more than a year after he was appointed, according to Hong Kong’s English daily South China Morning Post ( SCMP ).
SG expands Chinese commodities team
Societe Generale has named Stephanie Clement de Givry as its new head of commodities finance in China.
Preparing for Pillar II
The German regulator published guidelines on the minimum requirements for risk management at the end of last year, partly to integrate the requirements of Pillar II of Basel II into German Law. Alexander Campbell talks to Helmut Bauer, BaFin's head of…
Bumped along by Basel II
Credit portfolio management has become an integral part of many big banks' risk management. Smaller banks have lagged behind, but the planned introduction of Basel II next year could provide an incentive for more active management of their loan exposures…
StanChart adds to renminbi trading team
Standard Chartered has boosted its foreign exchange trading desk in Shanghai with the appointment of Gordon Jiang as Chinese renminbi forward trader.
Nout Wellink appointed chairman of the Basel Committee on Banking Supervision
The Group of 10 (G10) central bank governors and heads of banking supervision have appointed Nout Wellink, president of the Netherlands Bank, as the new chairman of the Basel Committee on Banking Supervision.
Another Basel chapter closes
After three years in office, Jaime Caruana is to step down as chairman of the Basel Committee on Banking Supervision. Since May 2003, he has divided his time between Basel in Switzerland, where he oversaw the completion of the Basel II capital adequacy…
ANZ makes four markets appointments
ANZ Investment Bank has announced a series of new additions to its markets team in Europe and New York. The appointments follow the hiring of Bill Wulkan as head of markets, Europe and America, in May last year.
New forex sales chief for Citi
Citigroup has made Anu Jayanti global head of foreign exchange sales in New York. The move marks a promotion for Jayanti, who was previously global head of leveraged sales and regional head of forex for North America at the bank.
Wellink named as new chairman of Basel committee
Netherlands Bank president Nout Wellink will succeed Jaime Caruana as chairman of the Basel Committee on Banking Supervision.
Rabobank taps structured products growth in US and Asia
Rabobank of the Netherlands is launching a New York equity and fund derivatives group and has hired Joseph D’Anna from SG Corporate & Investment Banking and Igor Tydniouk from Nomura Securities.
Lloyds TSB appoints new global solutions head
Chris Mitchell has been appointed head of global financial institutions solutions at Lloyds TSB Financial Markets in London. He comes from AIG, where he was head of UK derivatives marketing, and has previously worked as head of UK derivatives marketing…
The trouble with KRIs
KRIs are often considered hard to deal with, but op risk managers aren't dismissing them just yet. By Dianne See Morrison