People
RBS hires North American FX structurer
The North American financial markets division of Royal Bank of Scotland (RBS) has hired Robert Jen from ABN Amro as vice-president in foreign exchange structuring.
ING hires director and head of financial engineering in Asia
ING has hired Geoff Parsons in a newly created role as director and head of financial engineering in Asia.
Mark-it Partners boosts headcount
Mark-it Partners, the UK provider of daily pricing information for cash credit and credit derivatives, has hired Stefan Trifonov from Raiffeisenbank in Bulgaria as an analyst, as part of an on-going drive to boost its headcount.
Institute for Financial Markets names Hinko as president
The Institute for Financial Markets (IFM), a non-profit education foundation set up in 1989 as the Futures Industry Institute, has appointed Susan Hinko, former director of industry relations at online derivatives trading platform Icor Brokerage, as…
Citi to get new FX options head
Andrew Goldberg will join Citibank as head of foreign exchange options in New York on April 1, a source close to the bank told RiskNews ' sister publication FX Week . He will report to London-based global head of forex options, Steven Reiter.
A tighter reign
The SEC, America's market regulator, is set to introduce regulations which could transform the way hedge funds with a US connection do business
Looking at the alternative
Hedge funds are a perfect investment for with-profits funds, with their aim of offering smoothed investment returns. The challenge for hedge fund managers is getting noticed by the life offices which manage them
Ex-Merrill Lynch team sets up a Mako market neutral fund
four-strong mako team aims to deliver 10%-15% returns
Derivatives come under fire from hedge product experts
warren buffett calls for better research into instruments
AIG hires ex-Commerzbank options dealers in London
Former Commerzbank foreign exchange options dealers Behnouche Mostachfi and Damian Zihlman have joined AIG Trading in London. Both report to Greenwich-based global head of foreign exchange options and head of forex Donald Lee.
In need of reassurance
The knock-on effects of the crisis in equities has hit the insurance sector particularly hard – so much so that UK regulatory body the FSA has been forced to step in and allow certain insurers to breach mimimum solvency ratios.
European demand for op risk talent set to surge in 2003
LONDON — Executive recruiters are seeing a strong rise in interest in hiring operational risk talent for commercial and investment banks, and dozens of fresh mandates.
Bear Stearns appoints new head of convertibles origination
Bear Stearns has appointed Paul Rosica from Lehman Brothers as senior managing director and head of convertibles origination in its equity capital markets group.
Modelling the unthinkable
Terrorism insurance
Tailoring internal models
Risk models
Advancing op risk management using Japanese banking experience
Junji Hiwatashi and Hiroshi Ashida of the Bank of Japan outline a practical framework for operational risk management, derived from research and experiences in Japan's financial community.
UBS Warburg taps CDO structurers from JP Morgan Chase
UBS Warburg has recruited two senior collateralised debt obligation (CDO) structurers, Jeff Herlyn and Mike Rosenburg, from JP Morgan Chase.
Fimat appoints Zeltwanger as US chief executive
International derivatives brokerage house, Fimat, has named Cynthia Zeltwanger, former general manager of the company’s Chicago office and chief operating officer of the US business, as the new chief executive of Fimat USA.
Caruana to replace McDonough as Basel Committee chief
Jaime Caruana, governor of the Bank of Spain, will replace William McDonough, president of the Federal Reserve Bank of New York, as chairman of the Basel Committee on Banking Supervision.