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Swiss Finance hires former DrKW duo
Independent brokerage Swiss Finance has made two senior additions to its London office. Jason de Clerk has been hired to run the forwards desk, while Sultan Lone joins the firm to run its institutional sales team.
GLG poaches Morgan Stanley's European strategy co-head
Ben Funnell has quit his position as co-head of European strategy in London to join GLG Partners as a fund manager. He will work on mixed-asset fund strategies alongside Noam Gottesman, a partner of the London-based hedge fund.
CESR calls for evidence on the consolidation of market transparency data
The Committee of European Securities Regulators (CESR) has called for evidence on the consolidation of market transparency data.
Deutsche appoints managing director for Sharia subsidiary
Deutsche Bank has appointed Humayon Dar as managing director of its global Sharia advisory service Dar Al Istithmar (DI). Dar will be based in London and reports to the company board of directors.
Langley quits Merrill Lynch to co-head corporate risk at BarCap
Barclays Capital has hired John Langley to join its London office in June as co-head of European corporate risk advisory. Langley is leaving Merrill Lynch, where he has worked for 11 years, most recently as head of the bank’s risk advisory group and co…
Deutsche Bank names managing director for sharia subsidiary
Deutsche Bank has appointed Humayon Dar as managing director of its global sharia advisory service, Dar Al Istithmar (DI). He will run the unit's London office, taking over from the previous managing director Stefan Kirsch, who moves to Deutsche Bank’s…
DIFX names Larsson as chief executive
The Dubai International Financial Exchange (DIFX) has named Per Larsson as its next chief executive. He will take over later this year.
FSA provides overview of approach to CRD
The FSA presented an overview of the authority’s approach to the Capital Requirements Directive (CRD) at its CRD implementation conference. Hector Sants, managing director of wholesale and institutional markets, highlighted the biggest developments in…
The right tool for the job
The use of derivatives and structured products in mutual funds is on the increase, especially since the liberalisation of the UK's authorised collective investment scheme and the introduction of Ucits III. But is the asset management industry equipped to…
HSBC promotes Brown to head of FX
HSBC has promoted Andrew Brown to global head of foreign exchange, a new position.
EXCLUSIVE: BNP Paribas’ Steinberg promoted to head of equities and derivatives, Americas
Todd Steinberg, previously deputy head of equity derivatives, Americas, for BNP Paribas in New York, has been promoted to head of equities and derivatives, sources close to the French bank confirm. He succeeds Amine Belhadj who relocates to London as…
BNP Paribas' Steinberg to head equity derivatives for the Americas
Todd Steinberg, previously deputy head of equity derivatives, Americas, at BNP Paribas in New York, has been promoted to head of the team, sources close to the French bank told RiskNews' sister publication, Structured Products Extra .
Banks get stressed
The UK's Financial Services Authority has called on banks to improve stress testing of possible disruptive events, while the Basel Committee declared last year that firms must supplement their value-at-risk models with stress tests. But some bankers…
Allen & Overy reorganises in Asia
Law firm Allen & Overy has further broadened its derivatives and structured finance group in Hong Kong and China with partners Paul Cluley and Joseph Tse and associates Fion Ha, Karen Lee and Joanna Chan.
Deutsche Bank names head of EM debt trading
Deutsche Bank has appointed Kay Haigh as head of emerging market debt trading in London.
Allen & Overy expands Chinese derivatives team
Allen & Overy is to continue the expansion of its team covering derivatives in Hong Kong and on the Chinese mainland. The international legal firm said the development of the derivatives market in China had led to an increased demand for specialised…
BNP Paribas hires Bystrom for new ETF options trading role
BNP Paribas has hired Dan Bystrom as head of exchange-traded fund (ETF) options trading in New York, in a newly created role.
Institute of Op Risk up and running
LONDON – The Institute of Operational Risk, long in the planning stages, is now gathering momentum, according to Philip Martin, director of the organisation.
Credit Suisse expands de Boissard's role to include forex
Credit Suisse has expanded Gael de Boissard's position to include management of its global foreign exchange sales and trading business, in addition to his current role as co-head of fixed income for Europe at the bank’s London office.
Merrill Lynch structured credit director defects to Deutsche Bank
Deutsche Bank has lured Jay Bryant from Merrill Lynch to work as a director in its collateralised debt obligations (CDOs) division in New York. He joins after nine years at Merrill Lynch, where he most recently held the position of director of structured…
Isda AGM Singapore: Isda working on sharia-compliant documentation
The International Swaps and Derivatives Association is working to develop formal documentation for sharia-compliant derivatives transactions, chief executive Robert Pickel told RiskNews at an interview at the association’s annual general meeting in…