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DrKW expands into base metals

Dresdner Kleinwort Wasserstein (DrKW) plans to build a base metals principal sales and trading group. It has hired three Koch Supply & Trading staff to set up the unit on March 7.

Evolution expands gas and power desk

US broker Evolution Markets has hired two brokers for the North American natural gas and power desk it launched in October. Corey Geraghty and Trenton Davis now broker gas and electricity options from the company headquarters in White Plains, New York.

The Risk Awards 2005

Risk’s sixth annual awards highlight the institutions and individuals that have surpassed expectations in highly challenging and competitive markets, as well as recognising the achievements of a broader range of end-users of derivatives.

Basel Committee forms validation subgroup

The Basel II Accord Implementation Group (AIG) has established a subgroup to examine issues related to validation. The subgroup is chaired by Lorey Hoffman of the Canadian Office of the Superintendent of Financial Institutions, and consists of both Basel…

Go west, young Griffin

London's Griffin Capital Management has expanded its Eastern European hedge fund focus with a Western European portfolio that has returned 12.3% net in its first eight months

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