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BoA hires two for European structured products group
Banc of America Securities has appointed Andrew Jackson as a European structurer in its global structured products group, with responsibility for originating and structuring pooled and single-name structured credit products.
Merrill Lynch beefs up Asia-Pacific debt team with new hires
Merrill Lynch has hired Sibo Feng as director in its global credit products group to focus on correlation trading. Feng, who will be based in Tokyo, was previously with Bank of America.
HSBC hires three for structured products business
HSBC has bolstered its structured products business in Asia, with the addition of new hires from three of its regional rivals, Citigroup, Deutsche Bank and JP Morgan Chase.
ABN Amro targets exotic credit derivatives with senior hire
ABN Amro has hired Richard Whittle from UBS as global head of exotic credit derivatives - a new role in the bank’s financial markets business.
Bloomberg hires Hagan for new quant team
Pat Hagan – a former managing director in Bear Stearns’ fixed income research group – has joined Bloomberg’s nascent quantitative research and development group.
Getting ready for IAS
With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.
Morgan Stanley appoints Eric Dinallo as head of regulation
Morgan Stanley has hired Eric Dinallo, currently chief of the investment protection bureau in the office of the New York State attorney-general, as a managing director and head of regulatory matters.
Ready and waiting
The Australian Prudential Regulation Authority is confident that the country's financial institutions are well placed for the implementation of Basel II, and expects the four largest banks to implement the advanced IRB approach.
DrKW appoints new global head of equity-linked origination
Dresdner Kleinwort Wasserstein (DrKW), the US investment banking arm of Dresdner Bank, has appointed Ken Robbins as a managing director and global head of equity-linked origination.
Deutsche Bank appoints Almeida as head of forex sales
Deutsche Bank has appointed Dan Almeida as global head of foreign exchange sales. In this newly created position, Almeida will be responsible for delivering Deutsche Bank's foreign exchange capabilities to all institutional and corporate clients.
Morgan Stanley appoints Eric Dinallo as head of regulation
Morgan Stanley has hired Eric Dinallo, currently chief of the investment protection bureau in the office of the New York State attorney-general, as a managing director and head of regulatory matters.
Barcap hires director of corporate risk management from UBS
Barclays Capital has appointed Jonathan Shiff, a former director of fixed-income derivatives at UBS, as a director in its corporate risk management team in New York.
Citi grabs King to head credit research group
Citigroup has hired Matthew King as head of quantitative credit strategy in Europe from JP Morgan Chase.
Operational risk: looking at the bigger picture
In the first of a two-part feature, Mark Holmes suggests that financial firms' operational risk issues would be better understood and handled by taking a leaf out of the op risk concepts and techniques developed in other industries.
Sponsor's article > The operational risk pyramid
The extremely heterogeneous character of operational risk often makes discussion of it appear fragmented and unstructured. David Rowe proposes one possible paradigm for organising our thinking on various aspects of this increasingly important topic.
Donohue to replace McNulty at CME
The Chicago Mercantile Exchange (CME) announced that James McNulty, president and chief executive, will step down at the end of the year, only one year after taking the exchange public. Craig Donohue will take over as chief executive on January 1…
S&P hires CreditTrade’s former head of information services
Rating agency Standard & Poor’s (S&P) has appointed Krishna Biltoo, former head of information services at credit derivatives inter-dealer broker CreditTrade, as a managing director of its securities services, Europe.
Deutsche bridges private banking and forex
Deutsche Bank is seeing increased foreign exchange business from its private clients following the recent appointment of David Bee in London, Risk's sister publication FX Week reports. Bee is working with Jim Turley, global head of forex in London, and…
ANZ appoints director of financial markets for Europe and US
Australia and New Zealand Investment Bank (ANZ) has appointed Gilles Planté as director of its financial markets business for Europe and the US. He was previously director of commodities and foreign exchange derivatives, a post he has held since 1997.
Stanfield Capital names Yeager as head of risk management
Stanfield Capital Partners, an investment management company, has appointed Gordon Yeager as managing director and head of risk management. He will be responsible for risk management across all investment strategies.
Ziff transfers to Mercer Oliver Wyman from Nera
Bradley Ziff has joined Mercer Oliver Wyman (MOW), a subsidiary of Marsh & McLennan, as a director to help with the consultancy’s global efforts in operational risk consulting.
Ziff transfers to Mercer Oliver Wyman from Nera
Bradley Ziff has joined Mercer Oliver Wyman (MOW), a subsidiary of Marsh & McLennan, as a director to help with the consultancy’s global efforts in operational risk consulting.