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ABN Amro head of Asian equity derivatives transfers to London
ABN Amro's Asian head of equity derivatives in Hong Kong, Frank McKirgan, will transfer to London in the third quarter, according to an official at the bank in Hong Kong.
Risk contributor Blejer steps down as Argentine central bank governor
Mario Blejer, a former senior adviser to the International Monetary fund (IMF), has resigned as governor of the Argentine central bank. The move could prove to be a blow to Argentine president Eduardo Duhalde's efforts to restore the country's battered…
Capital One hires director of risk management
Michael Haubenstock has joined Capital One’s Richmond, Virginia, office as a director of risk management, where he will establish an enterprise-wide risk management function.
Kamakura hires Matz as senior VP
Hawaii-based risk management software provider, Kamakura Corporation, has hired Leonard Matz as senior vice-president. He will be based in Pennsylvania, and will work on client consulting, client training and model documentation.
Deutsche hires Asian securitisation head
Deutsche Bank has hired Raj Shourie to head its Asia ex-Japan securitisation group, say bank sources.
Fox-Pitt Kelton poaches Citigroup veteran to head Asian operations
Fox-Pitt Kelton (FPK), the investment banking subsidiary of insurance company Swiss Re, has hired Chris Appleton to head its Asian derivatives department.
Bank of New York hires O’Leary from UBS Warburg
The Bank of New York has hired Raymond O’Leary as head of European sales in its global markets division in London. O’Leary, who joins the US bank from UBS Warburg, will have a particular focus on the strategic development of its risk management…
Loss-making Raft replaces chief executive
Raft International, a London-based software development company that provides risk management products, which on Monday reported a £1.15 million interim loss before tax, will replace its chief executive Frank Mobjerg.
Merrill Lynch continues with forex hires
Merrill Lynch has continued its forex hiring spree with the hire of Rabobank’s former global forex head, Michele di Stefano.
Reid to head Willis' structured finance group in North America
Willis Structured Financial Solutions (WSFS), a division of Bermudan-based insurance broker Willis, has hired Diana Reid to head its North American operations.
Algorithmics names EMEA and Asia-Pacific regional sales directors
Toronto-based risk management software developer, Algorithmics, has appointed Hugh Stewart as regional managing director of sales for Europe, the Middle-East and Africa, and Graham Nyman as regional managing director ofsales and professional services for…
Lehman appoints European equity derivatives head
Lehman Brothers has hired Neil McDonald to head up its European equity derivatives flow trading business. McDonald joins from Morgan Stanley where he worked for five years as a senior equity derivatives trader.
Primus Financial starts credit derivatives trading
Derivatives market veterans Thomas Jasper and Joseph Bauman said their new firm, Primus Financial Products, a triple A rated provider of credit risk protection for the credit derivatives market, has started trading.
SG to enter structured bond business in South Korea
SG, the investment banking arm of France's Société Générale, plans to start offering structured bonds in South Korea by the second half of this year to cater for the growing demand for yield enhancing structures in the country, according to an official…
Commerzbank boosts credit trading division
Commerzbank Securities, the investment banking division of Commerzbank, has moved Kristian Sharp to head its North American credit trading division and made two new hires.
Dynegy ceases online energy trading
Houston-based energy company Dynegy has halted trading on Dynegy Direct, its online trading platform.
ABN Amro hires head of FX option sales in Singapore
Dutch bank ABN Amro has hired Tan Huilin as head of foreign exchange options sales in Singapore.
DrKW hires Kobashi in Tokyo to offer risk management services to pensions funds
Germany’s Dresdner Kleinwort Wasserstein (DrKW) has hired Yoshikazu Kobashi from Morgan Stanley Japan to oversee the bank’s corporates and pensions marketing in Japan. Kobashi’s team will offer risk management solutions to corporates and pensions,…
KDB sets up credit derivatives desk in Seoul
The Korea Development Bank (KDB) has established a credit derivatives desk following an internal reorganisation of the bank's derivatives operations and in response to the growing credit derivatives market in the country, said Hae-Geun Chung, head of the…
Deutsche hires European head for structured capital markets
Deutsche Bank has hired Matt Press as managing director and European head of structured capital markets within its global markets unit. The hire is a newly created position, said a Deutsche spokeswoman.
ISE elects Frank Jones as vice chairman
US electronic equity options market, the International Securities Exchange (ISE), has elected Frank Jones as vice chairman. He replaces Ivers Riley, who has been appointed chairman of the two-year-old ISE.
UBS Warburg hires Mallory Brooks to head cross rates group
UBS Warburg has hired Mallory Brooks as head of the cross rates group in North America and co-head of the global hedge fund group in the bank's interest rates and foreign exchange (FX) division.
Korea's Kookmin Bank to launch equity derivatives desk
Anticipating an increase in South Korean equity derivatives activity, Korea's Kookmin Bank is looking to establish a dedicated equity derivatives desk by the end of the year, said Nicholas O'Kane, Kookmin's Seoul-based business head for derivatives and…
ING names new head of financial markets in Singapore
ING Financial Markets, a unit of Dutch banking and insurance group ING Group, has named Percy Rueber as managing director and head of financial markets in Singapore.