People
Building a capital plan
Basel II
NewSmith uses option redemption on CDO
New angles
Art of influence
Profile
RiskNews
RiskNews
BarCap hires Orpin to its UK pensions team
Barclays Capital has hired Gavin Orpin as an associate director in its UK pensions team which assists pension fund clients with asset/ liability management, risk management, yield enhancement and alternative assets.
MBIA moves to boost Asian structuring business
Monoline insurer MBIA has recruited Hee Suk Noh from Bank of America’s global asset-backed securitisation team to boost its marketing effort in Tokyo.
BarCap snares Seeger from ABN Amro
Barclays Capital has hired Kai Seeger from ABN Amro as a director in its credit derivatives trading team in London.
BNP Paribas makes two senior hires to its equity derivatives team
BNP Paribas has bolstered its equities and derivatives trading business with two new hires. Eric Le Brusq will join as deputy head of equities and derivatives worldwide, and Todd Steinberg becomes deputy head of equities and derivatives for the Americas.
Del Missier and Kvalheim named co-presidents of BarCap
Jerry del Missier and Grant Kvalheim have been named co-presidents of Barclays Capital amid wider organisational changes at the UK bank. Both will report to Robert Diamond, president of Barclays.
Scenario analysis: the way forward
Of the four elements that Basel uses as inputs for the AMA, scenario analysis has only recently been seen as perhaps the most important.
Lehman hires new FX forwards trading head
Lehman Brothers has hired Jason Margiotta from rival Merrill Lynch to run its forex forwards trading desk in New York.
Amerex's Prokop joins Energy Data Hub board
The Energy Data Hub has appointed Mike Prokop, senior vice president at energy brokerage Amerex, to its board of directors.
Citi continues risk advisory and structured products build-up
Citigroup has made two hires as it builds its foreign exchange risk advisory and structured products teams in London. Both teams sit within the bank's value-added services and products group (Vasp), which it established a year ago.
ING Vysya strengthens wholesale operations
Bangalore-based ING Vysya bank has hired Janak Desai as country head of financial markets for India. He will join the bank on November 1 and report to ING Vysya chief executive Bart Hellemans.
ABN Amro beefs up Asian distribution
ABN Amro plans to build up its Asian marketing effort by adding two staff to its derivatives sales and solutions group (DSSG) in Hong Kong.
Pillar II problems cause tempers to fray
LONDON – Tempers are continuing to boil over proposed Pillar II regulatory implementation, both in the industry and at the UK's Financial Services Authority (FSA). One attendee at the late July Pillar II standing group meeting described the event as …
DrKW builds exotic equity team
Dresdner Kleinwort Wasserstein has added four members to its exotic equity derivatives business. The hires were made to expand the team and the bank's structured products business.
Lloyds TSB appoints head of quantitative analytics
Lloyds TSB Financial Markets has appointed John Crosby as global head of quantitative analytics and research in London. He will lead a team of quants and will be responsible for developing models for pricing derivatives instruments across all asset…
Icap bolsters structured credit team
Inter-dealer broker Icap is raising the stakes in the competitive structured credit broker market with three new appointments – two of which were poached from rival CreditTrade.
Falling short of the mark
Financial institutions have struggled to develop operational risk frameworks that will improve business decisions and optimise their use of economic capital. And a new study indicates that op risk is now increasingly viewed as yet another compliance…
The Gathering MiFID Storm
A new regulation from the European Union will transform market structure—and cost investment firms billions to comply. In the meantime, IT strategists are taking a leading role in lobbying European regulators.
BNP Paribas adds to structured credit team
BNP Paribas has hired Damian Saunders as a senior syndicate manager in its structured credit team in London. Saunders will report to Guy Rose, head of BNP Paribas' European structured credit syndicate.
ABN Amro reinforces equity derivatives team
ABN Amro has added two senior traders to its equity derivatives team in London, hoping to tap a larger investor market.