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Tapping into the strength of the emerging markets
As the dollar reaches a par with the euro, many traders have been focusing on peripheral currencies in the emerging markets
Short but sweet
Although much criticised after 11 September, shorting is gaining in popularity and the FSA is looking into its impact in the UK
ABN Amro Futures hires head of soft commodities in US
ABN Amro Futures Group, part of ABN Amro Clearing and Execution Services (AACES) division, has appointed John Koehne as head of soft commodities in the US.
Rees resigns from Baring to head new quant team at Schroders
Stephen Rees has resigned from Baring Asset Management (BAM) to head a new investment process team at UK asset management firm Schroders.
German focus: Trouble below deck
Despite weathering a number of storms over the past decade, notably reunification and monetary union, the German economy is facing a new threat.
HSBC appoints London head of structuring for conduit securitisation
HSBC has appointed Craig Squire as head of structuring for London conduit securitisation, which involves the repackaging and securitisation of a number of asset pools via a single company, rather than the traditional use of special-purpose vehicles.
Lehman Brothers hires Asian head of equities
Lehman Brothers has hired Timothy Throsby as managing director and head of equities for Asia.
Fimat looks to build alternative investment presence
Fimat Group, Société Générale’s brokerage subsidiary, has formed a New York-based Financial Services Group (FSG) to increase its presence in the alternative investment community.
ABN Amro appoints senior US FX strategist
ABN Amro has appointed Greg Anderson, previously senior global markets strategist at Fleet Bank Boston, as senior foreign exchange strategist in the US.
Large takes over from Clementi as deputy governor of the Bank of England
Andrew Large – formerly deputy chairman of UK financial services group Barclays – was yesterday appointed deputy governor, with responsibility for financial stability, of the Bank of England.
Small but mighty
Introduction
DrKW reorganises credit derivatives business
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Germany's Dresdner Bank, restructured its London credit derivatives business today.
ING bolsters hedge funds sales in Asia
ING Financial Markets, the equities and fixed-income sales, trading and research division of ING Group, has hired Donald Klip as vice-president of hedge funds sales, Asia.
Boston-based AIR releases terrorism risk model
AIR Worldwide, a Boston-based catastrophe and weather risk modelling company, today released what it claims is the first commercially available terrorism risk model. The model estimates the financial impact of insured property and workers' compensation…
UBS Warburg poaches Merrill Lynch veteran in Asia
UBS Warburg has snared Christopher Lee, a seven-year veteran of Merrill Lynch, to head it intermediary desk for equity risk management products.
Job moves
QUOTE OF THE MONTH: - “Regulatory fear is creating a lot of uncertainty, and that fear does impact the financial markets” Jennifer Patterson, energy trading manager at Edison Mission Energy in Australia, arguing at the Australia Risk 2002 conference last…
Trying to grow
Credit derivatives