People
Goldman Sachs snares Goh
Albert Goh, JP Morgan Chase’s head of equity derivatives origination for Asia ex-Japan, has been lured away from the bank to join rival Goldman Sachs.
DrKW appoints new global head of equity products
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has appointed David Wenman as global head of equity products. Wenman moves from Easy2Trade, the electronic online broker, where he was chief executive.
SG appoints new head of equity sales and trading
SG, the investment banking arm of Société Générale, has appointed Jacques Ripoll – who was in charge of the equity financing group within equity derivatives and also the hedge fund sales group – as head of equity sales and trading.
German regulators begin industry dialogue
FRANKFURT - Germany's regulators are about to change the way they interact with the banking industry as they gear up to implement the operational risk portion of Basel II by 2006.
Sponsor's article > Basel II much?
US regulatory authorities are considering allowing smaller banks exemption from Basel II. But who would gain from this - and who would lose? Alan Bright, marketing communications manager at SunGard Trading and Risk Systems, takes some soundings.
Napier Scott builds buy-side hiring capability
UK-based headhunter Napier Scott, which specialises in front-office capital markets hires, has expanded its buy-side capability by naming Simon Bell as a partner in its wealth management search division.
BoA boosts European structured products and rates groups
Banc of America Securities, the investment-banking arm of Bank of America, has hired Edward Charles to spearhead the European structuring side of its global structured products unit, and Ashwin Kumar as European head of interest rate derivatives trading.
Speed The Recovery
Half of the time it now takes for Evergreen Investments to restore its data in its offsite data center is spent driving to the disaster recovery site.
Exclusive survey shows "reality gap"
There is a substantial gap between expectations and reality when it comes to the short-term benefits of putting an operational risk management framework in place. This gap is clearly shown in the results of an exclusive survey conducted by Operational…
RBS hires Asian credit head
The Royal Bank of Scotland has hired Trevor Vail as head of Asia credit trading, as the British bank looks to expand its credit derivatives business in Asia.
Prop desks set to reap rewards of forex volatility
Banks could be reaping rewards from their proprietary foreign exchange trading desks, as swift intra-day market moves continue, dealers told RiskNews ’ sister publication FX Week .
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