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Deutsche makes Tokyo appointment
Deutsche Securities, a subsidiary of Deutsche Bank, has promoted Henry Ritchotte to head of global markets, Japan.
Bank of America hires in Japan
Bank of America has made two new appointments in Japan as part of an effort to boost its investment and risk management businesses in the country.
Reassessing self-assessment
Traditional approaches to assessing and controlling operational risk within institutions are outdated, argues Gerald Sampson. Self-assessment needs rethinking, and proper risk evaluation is far better served if risk management departments assume their…
Deutsche Bank makes appointments in structured and investment products team
Deutsche Bank has made two appointments to its structured and investment products team, part of the global equities department, in its New York office.
ABN continues BNP raid
ABN Amro has hired five senior energy derivatives executives, two of whom join from BNP Paribas. The move comes just three months after the Dutch bank poached Wayne Harburn and Vincent Chevance from French rival BNP. The pair now serve as global head of…
ABN Amro expands global commodity derivatives team
Dutch bank ABN Amro has made five appointments to its global commodity derivatives team in both the London and New York offices.
Cantor Fitzgerald to spin off its global voice brokerage business
Cantor Fitzgerald will spin off its global voice brokerage business as a new company, BGC Partners, effective from October 1 this year.
BNP Paribas snares Chicago sales head
BNP Paribas has hired Matthew Schultheis as director and head of sales for its Chicago office.
Morgan Stanley Investment Management hires chief risk officer
Morgan Stanley Investment Management (MSIM) has hired Kenneth Winston as managing director and chief risk officer, reporting to the company’s president and chief operating officer, Mitch Merin.
Barclays Capital builds up global interest rate derivatives desk
UK-based investment bank Barclays Capital has made two new appointments to its interest rate derivatives desk in London to focus on exotic products. Both will take up their posts in September.
New rules for a new era
The UK's new rules designed to implement a risk-based regime for regulating the insurance industry are due to come into place at the end of the year. John Ferry talks to the Financial Services Authority about what this means in practice for insurance…
Europe's insurers get used to a stricter regime
Regulators are increasingly bearing down on insurers as the market looks to establish better risk management practices. With the Solvency II proposals being drafted, what are insurance companies doing to make sure they can comply with the stricter…
Merrill makes additions to EMEA equity-linked group
Merrill Lynch has made a number of appointments to its Europe, Middle East and Africa (EMEA) equity-linked group in London. All will report directly or indirectly to Harry Lengsfield, head of EMEA global markets.
Bank of America strengthens its European debt platform
Bank of America has made a number of appointments to its European debt team in London.
PNC hires Gillani to oversee market risk
Pittsburgh-based PNC Financial Services has hired Fleet Boston’s former executive director of global market risk management, Aleem Gillani, as chief market risk officer.
Barclays Capital hires US corporate risk marketer
Barclays Capital has hired Peter Toolan as a director in its corporate risk management and derivatives management team.
RWE Trading names Senior replacement
Brian Senior, Swindon-based managing director and head of UK energy at RWE Trading, will step down at the end of the year, and Peter Kreuzberg, head of risk management at parent company RWE, will replace him.
Basel harmony still a long way off, notes IIF
“No-one really appreciated the complexity of the whole [Basel Accord] process,” says Charles Dallara, managing director at the Institute of International Finance (IIF). “It is only in the last nine months that regulators and bankers have woken up to the…
Samantha Unger
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Deutsche adds to US structuring team
Deutsche Bank has added three directors to its North American structuring team.
Energy swaps
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Sponsor's article > Basel II: time for action
Despite some lingering issues, the main points of contention around the revised Basel II capital Accord have been resolved, and implementation seems more certain than it has for several years. David Rowe argues it is time to stop hoping it will go away…