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Credit Agricole in risk and derivatives hiring spree
French bank Credit Agricole Indosuez has added a number of hires to its fixed-income and risk groups, following the restructuring of its fixed-income department in early September. Marc Romano and Vincent Fleury join the French bank as co-heads of its…
Dynegy exits trading and cuts jobs
Dynegy became the latest big-name US energy company to confirm its withdrawal from the worldwide energy-trading arena in October, as attempts to find a partner for its trading business failed.
QIS 3 suggests Basel II op risk charges and insurance role
BASEL - The third Basel II quantitative impact study, or QIS 3, brings bankers up to date with the latest thinking of global banking regulators on the treatment of operational risk under the complex Basel II bank protective capital accord.
ING hires head of Asian hedge fund sales
ING Financial Markets, a unit of ING Group, has hired Daren Riley as global head of Asian hedge fund sales. Riley took up his new position last week.
Merrill ousts European debt derivatives head Chattwell
Merrill Lynch has ousted its European head of fixed income and foreign exchange derivatives, Kevin Chattwell, as part of the US investment bank’s efforts to flatten its senior management structure.
Iafe due to name Ingersoll as its financial engineer of the year
Jon Ingersoll is due to be named this year’s financial engineer of the year by the International Association of Financial Engineers (Iafe) within the next few days, according to a number of industry sources. Ingersoll is the Adrian C Israel professor of…
Pensions to increase alternatives allocation
A survey of pension funds offered by Axa, IBM UK, TRW, London Pension Fund Authority and Lloyd's of London, reveals an increasing interest in hedge funds
3A seeks higher returns by favouring immature funds
funds under three years' old achieve higher returns, says 3A
Washington fund operation profits from being spun out
restructuring of Washington Financial group successful
Structured ratings
In the second part of Hedge Fund Review's look at the newest way to raise capital, Moody's explains its ratings process for collateralised fund obligations
Opportunities are opening up in distressed securities
Merger arbitrage has become over-crowded, so other event-driven strategies muscle in on the act
Speculate to accumulate
Combining sector themes with individual stock picking underlines John Bennett's approach to running the GAM Long Short European fund
Stand out from the crowd
The prime broker's role has grown in recent years and many offer a multitude of services
International banks step-up German fixed-income derivatives coverage
Deregulation of the German insurance market is attracting the world's top investment banks to expand fixed-income derivatives operations in Frankfurt.
Prebon Yamane snares rival's forwards brokers
Inter-dealer broker Prebon Marshall Yamane in London has hired a team of three currency forwards brokers from rival RP Martins.
CitiFx risk advisory group names new member
Jessica James has joined the investor team of CitiFX in London's risk advisory group. She reports to Laurent Desbois, head of risk advisory.
Barclays Capital strengthens high-grade credit derivatives trading team
Barclays Capital, the investment banking division of Barclays, has appointed Spencer Jesner and James Parascandola to the firm's high-grade credit derivatives trading team. Jesner joins as a director and head of the US credit default swap trading team,…