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Ex-Deutsche’s Raynes to head Citigroup’s structured credit division
Citigroup has appointed Michael Raynes as head of its global structured credit products division in New York. He joins from Deutsche Bank, where he spent six years, most recently as head of the global CDO group and co-head of the global securitised…
Qatar regulatory authority joins Islamic Financial Services Board
The Qatar Financial Centre (QFC) regulatory authority today announced that it has joined the Islamic Financial Services Board (IFSB), the international standard-setting body for regulatory and supervisory agencies that have a vested interest in ensuring…
Matoo joins Commerzbank from DrKW
Commerzbank Corporates & Markets, the investment banking arm of Germany's Commerzbank, has hired Mehraj Mattoo to head up its global alternative investment strategies business in London.
BNP reshuffles credit research team
BNP Paribas has reorganised its London-based European credit research group to include a new relative-value desk.
The great rating debate
A conference in Paris exposed some criticism of the way the rating agencies function. Issuers and investors feel the industry suffers from a lack of competition which has harmed service levels. Sarfraz Thind reports
Eric Viet quits JP Morgan to launch pension buy-out fund
JP Morgan’s Eric Viet has quit his position as head of the US banking giant’s European pensions group, to set up a private equity buy-out fund based in London. He is joined by Amédée Levillain, who worked alongside him at JP Morgan.
Wang joins Deutsche as US power trader
Steve Wang has joined Deutsche Bank's New York commodities group as a director of US power trading.
Hong Kong’s SFC tightens sponsor regulations
Hong Kong’s Securities and Futures Commission (SFC) has released its new eligibility criteria for sponsors and compliance advisers, aimed at assessing the overall suitability of corporate finance advisory firms to act in these roles. The regulations go…
Rabobank moves structuring from Singapore to HK
Rabobank International has announced plans to relocate its structuring arm in Singapore to Hong Kong. It said the move was in line with its corporate strategy to strengthen its capabilities in structured product origination, risk management and…
RBS recruits from BNP Paribas to form Japanese equity derivatives business
The Royal Bank of Scotland (RBS) has launched a Japanese equity derivatives business within RBS Securities Japan, its wholly owned subsidiary in Tokyo, the bank said in a statement.
Asset Alliance gets in early with Eastern European fund of funds
Asset Alliance Corporation launched what may be the first fund of hedge funds (FoHF) dedicated to managers that invest in Central and Eastern Europe.
Intercorp builds single-manager platform
Investcorp has entered into a strategic partnership with Interlachen Capital Group, a Minnesota-based hedge fund manager, with the aim of launching a new multi-strategy fund onto Investcorp’s single-manager hedge fund platform.
BNP Paribas builds a US listed options and ETF team
BNP Paribas has hired Joe Waskas, David O’Shaughnessy and Jason Brus to form part of its New York-based listed options and exchange-traded funds (ETF) team.
RBS establishes Japanese equity derivatives business in Tokyo
The Royal Bank of Scotland (RBS) has launched a Japanese equity derivatives business within RBS Securities Japan, its wholly owned subsidiary in Tokyo, the bank said in a statement.
Tullett Prebon names Ann as new data chief
London-based interdealer broker Tullett Prebon has promoted Henry Ann to head its market data business, Tullett Prebon Information.
Rabobank moves structuring from Singapore to HK
Rabobank International has announced plans to relocate its structuring arm in Singapore to Hong Kong. It said the move was in line with its corporate strategy to strengthen its capabilities in structured product origination, risk management and…
Technology advantage
data analysis
Liquidity's slippery slope
illiquidity and hedge funds
Key's home-ground advantage
Key Asset Management's funds of hedge funds have generated healthy returns, satisfied investors and, in the case of Key Recovery, won Hedge Funds Review's award for the best performing specialist FoHF over three years, on a risk-adjusted basis. David…
Private business
private equity