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Bear Stearns poaches five from Commerz to boost Asian securitisation
US investment bank Bear Stearns has poached a five-strong asset-backed securitisation team from Commerz Securities in Tokyo. The raid on the investment banking arm of Germany's Commerzbank will take the number working in Bear Stearns’ Japanese…
Clemmons to lead WRMA through challenges ahead
Lynda Clemmons, president of Connecticut-based weather risk company Element Re, has been elected as the new president of the Weather Risk Management Association (WRMA).
Credit Lyonnais prepares Asian-flavoured arbitrage synthetic CDO
France’s Credit Lyonnais Securities is getting ready to launch a global arbitrage synthetic collateralised debt obligation (CDO) within a month, according to the bank’s head of Japan investment banking and ex-Japan Asian debt capital markets, Jean-Marc…
Whiteside to head global FX at Lehman
Lehman Brothers has brought in its fixed-income liquid markets sales head, Grant Whiteside, to head global FX. Currently based in New York, Whiteside will move to London for the role later this year, a bank spokesman said.
Integrated credit risk management – are you ready?
Consolidating data across fragmented systems is crucial for integrated credit risk management – but it is not the whole story. In the first of four columns on the subject, David Rowe argues that organisational readiness is a more amorphous but equally…
Deutsche hires new head of cross-rates sales
Munir Dauhajre, previously head of US government bond and derivatives sales at Merrill Lynch, has joined Deutsche Bank as head of cross-rates sales for the Americas. Based in New York, Duahajre will report to Brian Reid, head of Deutsche's institutional…
Front in new sales drive
Stockholm-based trading and risk management technology provider Front Capital Systems, an operating unit of SunGard Trading Systems, has made two key sales appointments to support the company’s global expansion. Front has recruited Stephen Butcher to…
Taking a new career track
CDO managers
The roads to currency overlay
Forex risk
UBS Warburg to axe 10% of London derivatives workforce
UBS Warburg, the investment banking arm of Switzerland's UBS, said it plans to cut 10% of its derivatives workforce in London. The bank blamed the poor economic climate for the cuts, which are part of a wider cost-cutting exercise impacting its London…
Deutsche lures two senior equity derivatives staff from SG
Deutsche Bank has hired two senior equity derivatives specialists from French investment bank SG, part of Société Générale.
RBS acquires Mizuho team to expand securitisation business
The financial markets division of Royal Bank of Scotland (RBS) has hired three bankers from Mizuho Securities to expand its continental Europe securitisation team.
DrKW names Harata new head of rates trading in Tokyo
Dresdner Kleinwort Wasserstein (DrKW) has hired Jun Harata as managing director and head of interest rate derivatives trading in Japan.
Mizuho adds two to Tokyo equity derivatives trading team
Mizuho Securities has added two new hires to its equity derivatives trading team in Tokyo. Chea Srun joined from Dresdner Kleinwort Wasserstein and Nav Takhar from Toronto Dominion Bank. Both will work as traders.
A whole new ball game
Credit Risk
Higher or lower?
Credit Risk
Avoiding over-exposure
Credit Risk
BofA names Sandelman head of global equities
Banc of America Securities has named Jon Sandelman its head of global equities, a newly created position. He also becomes a member of the bank’s operating committee.
UBS poaches Taiwan derivatives expert from StanChart
UBS Warburg has hired Payling Lee to join its fixed income and derivatives sales group in Hong Kong as a director.
Challenging times for CROs
Chief risk officers
The risk transfer shell game
Credit derivatives
Lessons Emerging from Disaster
Web access to market data and other tools could trim costs of maintaining redundant office space.