People
What has op risk to do with ‘credit’ ratings?
How should credit rating agencies include op risk in their assessment of firms’ creditworthiness? By Choongo Moonga
Mandate expands, but money doesn’t
Operational risk managers face two contradictory forces: greatly increased responsibility but not-so-greatly increased resources, according to our third annual global operational risk survey. By Ellen Davis
China in its hand
As Industrial Commercial Bank of China receives a $15 billion bailout from the government, the challenges in attracting foreign investment and strengthening the sector become ever more apparent. James Ockenden talks to the China Banking Regulatory…
Deutsche hires El Khoury
Jean El Khoury has joined Deutsche Bank as a director, US index trading, in the securities arm’s global markets division.
NewSmith hires two for Italy
NewSmith Financial Solutions has hired two bankers to grow its advisory team. Ercole Manzi and Maurizio Tassi have joined the firm as partners to focus on Italian clients.
New home-host guide from CEBS
MONTE CARLO – The Committee of European Banking Supervisors (CEBS) is planning to publish a paper in July for a three-month consultation period that will ‘flesh out’ the home-host framework for the advanced measurement approach, according to senior CEBS…
Deutsche appoints new loan management head
Deutsche Bank has appointed Stuart Lewis as global head of the bank's loan exposure management group (LEMG) as of July 1, 2005. He will succeed Betsy Gile, the group's current head, who has announced her retirement.
Barriers to entry
Accounting rules have long given bankers headaches. And IAS 39 compliance could even put banks looking to enter the structured products market at a competitive disadvantage. Patrick Fletcher examines how the rules are affecting the shape of the industry
Finian O’Sullivan
Energy Risk Annual Awards
People Swaps
Energy Risk Annual Awards
Lehman boosts European equity derivatives unit
Lehman Brothers has hired three former JP Morgan equity derivatives specialists to beef up its European business.
UK regulator appoints new director of enforcement
The Financial Services Authority (FSA), the UK's financial services watchdog, has appointed Margaret Cole as its new director of enforcement. She will report to John Tiner, chief executive of the FSA.
Lehman Brothers beefs up structuring capability
Lehman Brothers has poached Giuseppe Bivona from Morgan Stanley to originate capital markets products and market structured solutions to Italian banks. He worked as head of the financial institutions group for Italian clients at Morgan Stanley.
Avoid the Pitfalls of Basel II
The rush to reach Basel II compliance can present an assortment of roadblocks and hurdles for investment banks, but they don’t have to stall your schedule.
Rodriguez quits JP Morgan interest rate sales team
Tracey Rodriguez has resigned from JP Morgan Chase, where she worked as a senior salesperson in London, covering interest rate products and reporting to desk head Sikander Ilyas.
Deutsche hires Ritter to head commodities
Deutsche Bank has hired Mark Ritter as global head of commodities.
TFS continues expansion with Arc Oil purchase
Connecticut-based broker TFS is in fierce expansion mode: yesterday it announced its purchase of oil broker Arc Oil, an oil broker headquartered in Houston. This follows TFS’s recent opening of a Houston office and re-entering US coal and emissions…
BNP Paribas hires derivatives marketer in NY
BNP Paribas has appointed Jerry Hammerschmidt as a senior equity derivatives marketer and managing director in its New York office.
Early days in Germany
germany: how to sell a fund
Have you missed the hedge fund launch party?
matthew lynn
The long and short of it: Due diligence and equity hedge funds
special report: due diligence
Administering assets
administration
Park Place's Polaris missile
Park Place Polaris Prime Europe Fund investors have lived in interesting times, swooping from 430% in 1999 to -37% in 2002. The recruitment of two new faces in 2003 to address such reversals of fortune has paid dividends
Algorithmic trading growth contingent on buy-side uptake
STP: the impossible dream?