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Foley to launch Gelber foreign exchange desk

Bank One's former forex options chief Justin Foley is joining Gelber Trading, a division of Chicago-based trading firm Gelber Group, to set up a new foreign exchange desk in September, according to RiskNews’ sister publication, FX Week .

Banc of America Securities hires senior oil analyst

Banc of America Securities (BAS) yesterday hired Daniel Barcelo as a senior equity research analyst covering the global integrated oil sector. He joins the Bank of America subsidiary from rival bank Lehman Brothers and will be based in New York. He will…

DrKW recruits options trader

Dresdner Kleinwort Wasserstein (DrKW) has hired Christopher Sandford to trade Asian local market foreign exchange options in Singapore, reports RiskNews’ sister publication, FX Week .

EU calls for review of credit rating agencies

The European Commission has called for a review by the Committee of European Securities Regulators (CESR) of credit rating agencies, amid renewed activity on both sides of the Atlantic on the credit rating agency regulatory debate. Also, according to…

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