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Commerzbank hires Afaf to head forex options team
Commerzbank Corporates & Markets has hired Nasir Afaf from Rabo Securities as head of foreign exchange options. Afaf was previously Rabo's head of financial engineering in equity derivatives.
JP Morgan nabs two from Lehman
JP Morgan has made two senior hires in trading and sales from Wall Street rival Lehman Brothers.
ABN Amro boosts ABS research
Christopher Anhamm, currently head of covered bond research at ABN Amro, has been given the role of head of European asset-backed securitisation (ABS) research.
Merrill Lynch Investment Management builds structured products team
Merrill Lynch Investment Management has lured Fernando Guerrero, a collateralised debt obligation (CDO) specialist, away from ABN Amro to head its planned structured products team in New York.
Deutsche snares top UBS energy structurer
Deutsche Bank has hired Louise Kitchen as global head of commodities structuring and marketing, based in New York.
Is Basel II a hurdle too far for US broker-dealers?
Broker-dealers in the US are having to cope with the SEC's capital requirements, while still being somewhat in the dark about the upcoming Basel II framework. By Choongo Moonga
Norton Rose hires Lovells derivatives partner
Norton Rose is moving to rebuild its structured finance and has hired Laurence Garside, formerly a partner in Lovells' derivatives practice.
JP Morgan bolsters derivatives marketing business
JP Morgan has hired four derivatives marketers for its streamlined derivatives marketing unit, including two managing directors from Deutsche Bank. They are the first significant appointments by the US investment bank since a steady stream of senior…
Webcast >> Op Risk Technology
OPERATIONAL RISK gathered together top technology executives in June to debate the future of the op risk discipline.
BNP Paribas adds six to commodity business
BNP Paribas has hired six senior traders and managers for its commodity derivatives offices around the world.
BNP Paribas strengthens energy derivatives team
French bank BNP Paribas has strengthened its commodity derivatives team in New York, London and Singapore, particularly on the energy side.
Former Swiss Re weather experts launch hedge fund
Weather risk veterans Mark Tawney and Bill Windle, who left global reinsurer Swiss Re on July 7, are starting a hedge fund, named Takara, Energy Risk has learned. Weather trader Bill MacLauchlan departed Swiss Re at the same time, for personal reasons.
Ex-Citigroup prime broker sets up capital introduction firm
Paul Radley, formerly European head of Citigroup’s prime brokerage capital introduction team, has gone independent, establishing his own capital introduction firm, Radley Capital Investments.
Bank of America hires credit and forex trading heads
Bank of America has hired three senior managers for its London-based global markets team, including new heads of European credit trading and global forex options correlation trading.
Two new consultation papers from CEBS
LONDON – The Committee of European Banking Supervisors (CEBS) launched two substantial consultation papers in June – one on the supervisory review process and the second on credit rating agencies.
EU CRD approaching Parliament acceptance
BRUSSELS – The smart odds are now in favour of the EU's Capital requirements directive passing the European Parliament's vote on September 28, according to industry observers involved in negotiating the legislation.
BarCap expands equity derivatives coverage
Barclays Capital has expanded its equity derivatives coverage with the hiring of Luca Agostini and Hermann Bader as directors in strategic equity derivatives.
Global Advisors names two managers for gas trading
New York commodity hedge fund Global Advisors has hired Adam Hoffman and Matthew Simsic as portfolio managers, aiming to increase its presence in the natural gas market.