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Bear Stearns nabs CSFB credit derivatives head
CSFB’s global head of credit derivatives for developed markets, Mark Davies, has left the bank, a CSFB spokesman confirmed. Davies will start as head of credit derivatives at Bear Stearns in May.
Deutsche Bank hires BoA veteran in Hong Kong
Deutsche Bank has hired Linda Fok as director and head of local corporate relationships in its global banking division in Hong Kong.
Standard Chartered boosts global ABS team
Standard Chartered has strengthened its asset-backed securitisation (ABS) capabilities with three new hires.
BoA adds to European structured debt and risk management team
Banc of America Securities, the investment banking arm of Bank of America, has boosted its European debt capital raising and risk management group.
AIG hires risk manager in New York
Paul Stubbs will join AIG Trading Group in Greenwich, Connecticut, as a vice-president in foreign exchange and commodity risk management. He will report to Mark Balfan, senior vice-president and global head of market risk management.
Taking it slow
Hong Kong's banks are, for the most part, targeting the standardised approach outlined in the new Basel capital Accord, but it is hoped that this will act as a catalyst for the further improvements in risk management.
Ong moves into academia
Former chief risk officer for the Americas at Credit Agricole Indosuez, Michael Ong, has moved into academia with a full professorship and directorship on the finance program at the Illinois Institute of Technology in Chicago.
HSBC appoints investment banking and markets co-heads
HSBC last week announced the appointment of Stuart Gulliver as co-head of the corporate, investment banking and markets business (CIBM), responsible for foreign exchange, fixed income, syndicated loans, structured credit, precious metals, equities and…
Boston Equity fund aims for soft close target of £500m in assets
Amex plans additions with new experienced managers
Working in tandem
The insitutionalisation of the hedge fund industry has strengthened administrators' guiding principle ' to provide an honest interface between fund and investor
Band of brothers
Some companies are assessing the need to share pooled information to manage clients more effectively, but the idea is unlikely to be welcomed by hedge funds
Time to review your systems?
There is a wide choice of products now available specifically targeted at the hedge fund sector
From dawnay to dusk
The manager of Dawnay Day's Olympia Global Hedge fund has worked hard to keep the strategies similar to the Olympia Star fund
Across the channel
JPMF tries to meet continental demand for market portfolios with its latest fund offering
RBS expands Italian securitisation team
The Royal Bank of Scotland (RBS) has appointed Fulvio Pelargonio as director of securitisation, based in Milan.
AXA Investment Managers hires CDO head
AXA Investment Managers (AXA IM) has appointed Laurent Gueunier as head of investment-grade collateralised debt obligations (CDOs).
Eurex boosts new US exchange plans with ex-Goldman Sachs hire
European derivatives exchange, Eurex, has hired Michael McErlean to join the the Swiss-German exchange's US management team in preparation for the launch of a registered US exchange.
ABN Amro creates financial markets advisory team in Australia
ABN Amro has created a new financial markets advisory team, aimed at offering market risk and debt advisory services to financial institutions and corporates in Asia and Australia.
Buy side slow on FpMLtake-up
LONDON - One would be forgiven for thinking that Financial Products Mark-up Language (FpML) is another information exchange standard that has been superseded or has simply run out of steam, given the protocol's low media profile in the wake of the…
Derivatives disclosure calls mount
Warren Buffett's stinging critique of the derivatives business in March represents the latest call for more derivatives disclosure. But despite some notable moves in this direction, most financial institutions remain stubbornly opaque.
HKEx names new chief executive
The Hong Kong Exchanges and Clearing Limited (HKEx) has named Paul Chow as its new chief executive, effective on May 1, replacing Kwong Ki Chi.