People
McDonough bows out from New York Fed
REGULATORY UPDATE
A shares passion
Profile
Job moves
People
RiskNews review
RiskNews review
Shaking up hedge funds
Cover story
The Risk 2003 commodity and energy derivatives rankings
2003 Commodity & Energy Rankings
Extending to Asia
Continuous-linked settlement
A localised flood
Weather derivatives
Breaking down barriers
South Korea
BIS puts spotlight on credit risk transfer
In a report published today, the Bank for International Settlements (BIS) highlighted disclosure, concentration and the role of ratings agencies as key features of the credit risk transfer market that may need to be addressed with regulation.
Bank of America to set up global forex structuring team
Bank of America plans to set up a global foreign exchange structuring team with the appointment of Eric Ohayon from Lehman Brothers.
Primus appoints Li as credit market strategist
Primus Financial Products, a New York-based wholesale provider of credit risk protection, has hired Rongfeng 'Becky' Li as a credit market strategist.
Merrill hires Galishoff to head proprietary mortgage arbitrage desk
Merrill Lynch has hired Alan Galishoff, previously head of the collateralised mortgage obligation (CMO) desk at JP Morgan Chase, to head its newly created mortgage relative value business.
UBS Warburg hires ex-Goldman prime brokerage head
Swiss investment bank UBS Warburg has hired Alex Ehrlich, the influential ex-head of Goldman Sachs' prime brokerage business, as its head of international hedge fund services.
BIS puts spotlight on credit risk transfer
In a report published today, the Bank for International Settlements (BIS) highlighted disclosure, concentration and the role of ratings agencies as key features of the credit risk transfer market that may need to be addressed with regulation.
SEC enforcement director to join law firm
Bill Baker, formerly associate director of the division of enforcement at the US Securities and Exchange Commission (SEC), is to join Latham & Watkins as a partner in the law firm's Washington, DC, office, on February 18.
Niche lenders brace for Basel
Banks with niche lending businesses are scrambling to assemble enough data to allow them to benefit from Basel II's most advantageous capital provisions. Gallagher Polyn reports on one successful initiative.
Bank One to hire six forex options traders
Chicago-based Bank One is set to hire six foreign exchange options staff around the world in a bid to capture more top-tier corporate business.
ABN Amro hires head of European bank origination
ABN Amro has hired Tim Skeet, a senior debt capital markets banker, as head of European bank origination.
GFI creates standalone chief financial officer role
Inter-dealer broker GFI has hired James Peers, a former Bank One executive, as its chief financial officer.
Refco hires new London FX head
Futures commission merchant Refco has named Farooq Muzammal as its new head of foreign exchange in London.