People
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.
HSBC hires AIG’s Lee as head of currency exotics
Don Lee, the former head of currency options at AIG Financial Products, has joined HSBC in New York as global head of foreign exchange exotics and head of foreign exchange derivatives for the Americas.
JP Morgan rationalises marketing units in credit and rates
JP Morgan Chase has rationalised sales and marketing in its European credit and rates business, according to a internal memo by Tony Best, the London-based head of European investor client management, on April 1.
The importance of brand awareness
communications
Where there's no muck, there's still brass
EMISSIONS TRADING
How to snare a big fish
institutional investment
Gartmore growth heads for the stars
While Gartmore may be known best for its star manager Roger Guy and sales head Martin Phipps, it has sought out other stars to boost its team and array of funds
Irish eyes are smiling
Country profile: Ireland
Hitting the spot
CDOs
A star rises in the east
Emissions trading
The battle for Brent
Emissions trading
An energetic debate
Enterprise-wide risk measurement and management, regulatory issues and pricing and hedging strategies were the hot topics this year at Energy Risk Europe in Amsterdam. James Ockenden and Joe Marsh report