People
Swiss Re hires weather specialist for advisory team
Swiss Re has hired Brian O’Hearne as a managing director of North American environment and commodity markets within its capital management and advisory arm in New York.
Raising the standard
The German insurance industry is actively pushing forward the discussion on the standard model within the scope of Solvency II
Griffith named as new DGCX chairman
The Dubai Gold and Commodities Exchange has named Colin Griffith as its new chairman, replacing David Rutledge.
Calyon names head of hybrid structuring
Calyon has appointed Steve Sahara as global head of hybrid capital structuring, based in London.
SG expands Scandinavian team
Société Générale has recruited two equity derivatives salesmen for its Scandinavian team, based in London.
BGC poaches four-strong Icap derivatives team
BGC Partners has hired a four-strong Scandinavian foreign exchange forwards and derivatives team from interdealer broker rival Icap in Copenhagen.
Machiavelli and MiFID
CIOs face a new world of regulation and their saving grace is preparation.
Tradition hires Decillion credit team
Interdealer broker Tradition has hired a team of six credit brokers from Decillion, a South African financial services company.
CROs make Solvency II plea
Members of the Chief Risk Officer (CRO) Forum used an address at Life and Pensions' December 2005 Insurance Risk conference to call for significant improvements to the Solvency II regime that the EU is expected to implement before the end of the decade.
DTCC hires Stenning as business development vice-president
The Depository Trust & Clearing Corporation (DTCC), a US information and clearance specialist, has hired Bill Stenning from SunGard as vice-president for business development.
FX and commodities head quits Calyon
Andrew Kellner, global head of foreign exchange and commodities at Calyon in London, has left the bank.
New management at Ivy
Ivy Asset Management, a $14 billion US-based fund of hedge funds, has named two new co-presidents and a new chief investment officer.
The fundamentals of operational risk assessments
In the third of a series on scaling operational risk management for the small to medium-sized institution, Eric Holmquist discusses the fundamental elements to consider when developing an operational risk assessment where the emphasis is on process…
Coyne joins Citibank to head FX prime brokerage
Deutsche Bank’s former global head of forex prime brokerage Andrew Coyne has joined Citigroup to run its global foreign exchange prime brokerage operation in London.
BNP Paribas expands European forex teams
BNP Paribas has made a trio of hires in forex sales and trading across Europe.
Protego makes European property derivatives push
London-based Protego Real Estate Investors has hired Peter de Haas to head its new operations in Continental Europe.
SG appoints new commodity trading deputy
Société Générale (SG) has promoted Edouard Neviaski to deputy head of commodity trading, based in Paris.
Standard Chartered appoints capital markets chief
Brad Levitt has been promoted to global head of capital markets and wholesale banking at Standard Chartered in Singapore following the departure of the previous head David Worth.
CME names new business development chief
The Chicago Mercantile Exchange (CME) has named John Davidson as chief corporate development officer.
Standard Chartered bolsters Asian forex team
Standard Chartered has hired Fu Qing from ABN Amro to head its foreign exchange trading business in Shanghai. Fu, who started with Standard Chartered on January 4, had previously worked for ABN Amro in Shanghai, where he was assistant vice-president of…
DrKW electronic drive sparks personnel moves
Dresdner Kleinwort Wasserstein (DrKW), the investment arm of Germany’s Dresdner Bank, plans to further separate its credit flow products and digital markets divisions as part of what it calls an effort to expand electronic trading across its business.
BIS appoints new chairman
The Bank of International Settlements (BIS) has elected Jean-Pierre Roth as its new chairman for a period of three years commencing March 1.
Caruana to step down as Basel Committee chief
Jaime Caruana will step down as chairman of the Basel Committee on Banking Supervision in July, when his six-year tenure as head of the Spanish central bank expires.
Who's buying?
Operational risk derivatives are being reconsidered as a solution to banks' distrust of op risk insurance policies, but the market for these is yet to develop. By Duncan Wood