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Sponsor's article > NIBCapital Case Study: Achieving Integrated Enterprise Risk Management
NIBCapital is an independent merchant bank with a global distribution network. Headquartered in The Hague in The Netherlands, the highly rated bank focuses on northwestern Europe and global clients in selected industry sectors, providing corporate…
Sponsor's article > Algo Capital: Algorithmics’ solution for Basel II
Basel II presents financial institutions with a significant challenge. It demands that institutions take a more integrated, enterprise approach to risk management, both across risk types and across economic and regulatory capital calculations. These…
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.
The risk monitor
As systemic risk concerns resurface, Gerald Corrigan, co-chair of Goldman Sachs’ firm-wide risk committee, has revived an industry group formed after the LTCM debacle. By Navroz Patel
Leung leaves Moody’s KMV for credit portfolio managers’ association
Som-lok Leung, a senior director of client solutions at Moody’s KMV, is to leave the San Francisco-based credit analytics specialist next month to take on the role of executive director at the International Association of Credit Portfolio Managers (IACPM…
BGI hires in fixed income ahead of hedge fund launch
Barclays Global Investors (BGI), the San Francisco-based asset management arm of Barclays Bank, has made four hires in its fixed-income department in anticipation of the launch of new long/short fixed-income products fund.
Goldman loses CDO co-head to Deutsche
Deutsche Bank has hired Michael Henriques as a managing director responsible for origination, structuring and risk management of principal finance opportunities within its special situations group (SSG).
Barclays hires quartet to structured credit group
Barclays Capital has hired four staff to boost its structured credit products sales team in New York.
Deutsche Bank boosts SSG
Deutsche Bank has appointed Michael Henriques, formerly of Goldman Sachs, as a managing director within its special situations group (SSG).
US regulators tackle unintended consequences of BSA enforcement
At a recent anti-money laundering (AML) conference in New York, US financial regulators conceded the enforcement of the Bank Secrecy Act (BSA) has produced negative, unintended consequences in the financial industry.
Tentative steps
Emissions Trading
All bases covered
Emissions Trading
Finding the right CIO
The position of chief information officer (CIO) has in recent years become one of the keys to a financial institution's ability to align its technology with its business objectives. Marcello Mosca explains the criteria against which CIOs are evaluated
Icap-Hyde hires Toyne to head tanker FFA broking
Icap-Hyde, a London-based joint forward freight and shipping derivatives-broking venture between broker Icap and shipping broker JE Hyde, has added to its team. Simon Toyne has joined as director of tanker forward freight agreements (FFAs), responsible…
DrKW combines derivatives trading and structuring teams
Dresdner Kleinwort Wasserstein (DrKW) has opted to combine its derivatives trading and structuring capabilities across multiple asset classes, creating a single global derivatives group within its capital markets business.
Sponsor's article > The dangers of complexity
The dramatic financial market changes of the past 20 years have introduced daunting complexity into the system. Much of this complexity is the necessary consequence of valuable innovations. David Rowe argues, however, that complexity for its own sake is…
Pricing 50-year bonds
focus: 50-year bonds
Deutsche's Derhalli to head emerging market equities
Deutsche Bank has appointed Kerim Derhalli as global head of emerging market equities. He runs the equities businesses in Latin America, and central and eastern Europe, the Middle East and Africa (CEEMEA) region.
Options traders top pay bracket
UK forex options dealers raked in the largest pay packets this year, with total packages averaging more than £500,000, according to a survey by City-based executive search firm, Napier Scott.
RBS hires five in derivatives sales team
RBS Greenwich Capital, the Connecticut-based fixed income business of the Royal Bank of Scotland (RBS), has made five new hires for its North American financial institutions and corporate sales teams.
Merrill Lynch loses two equity derivatives staff in Hong Kong
Merrill Lynch has lost John Robson, a managing director responsible for the bank’s Asia-Pacific structured products business, to Nomura, where he will head the firm’s equity derivatives sales effort in Asia.
Goldman's co-head of prime brokerage joins hedge fund
Emmanuel 'Manny' Roman is to join UK-based multi-strategy hedge fund GLG Partners from Goldman Sachs. The move follows a number of defections by senior employees at the bank.
Nord Pool hires ex-Natsource brokers, eyes power spread contract
Nordic power exchange Nord Pool has hired brokers from the Oslo office of energy broker Natsource, which would fit with rumours that Natsource is closing its Scandinavian business. Natsource president Jack Cogen declined to comment.
Lehman poaches senior Merrill employee
Lehman Brothers has hired Joonkee Hong as managing director and head of global finance, Asia-Pacific, in Tokyo.