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HSBC boosts HK derivatives team
HSBC has bolstered its structured derivatives team in Asia with the appointment of Ka Lok Chau from Crédit Agricole Indosuez in Hong Kong. Chau will focus on product development and pricing models, according to John Flint, head of regional fixed-income…
Crédit Lyonnais set to offer prime brokerage in Asia-Pacific
CLSA, the emerging markets arm of French bank Crédit Lyonnais, plans to offer prime brokerage services in the Asia-Pacific region to cater for an anticipated growth of the hedge fund market in the region, according to Sheldon Lee, CLSA head of hedge fund…
Ethical rules needed to boost energy sector
Energy companies in the US and Europe should work together to establish rules for ethical behaviour to restore confidence in the energy sector and boost the liberalisation process, according to Janine McArdle, managing director of Aquila Europe.
Creditex hires European senior marketer
Online credit derivatives broker Creditex has expanded its European team by hiring David Eline as a senior marketer for Europe. In his new position he reports to Brad McKinnon, head of Creditex's London office.
DrKW hires Kalimtgis to head new credit risk team
Dresdner Kleinwort Wasserstein (DrKW) has hired Evan Kalimtgis to head its new credit portfolio strategy group, which will optimise credit portfolio exposure on behalf of DrKW and its clients.
CDC Ixis’ new weather desk targets French clients
CDC Ixis Capital Markets has set up a Paris-based weather derivatives desk that will solely target French clients. The French bank will target the energy, construction, tourism and agriculture sectors.
StanChart boosts FX derivatives team
Standard Chartered has bolstered its Hong Kong-based foreign exchange and derivatives group by hiring Christopher de la Hoyde and John Tan.
ABN Amro adds to European forex team
ABN Amro has hired Eric Murciano to its institutional foreign exchange sales team. He will be responsible for the Dutch bank’s foreign exchange sales - including options - to French financial institutions.
Lehman boosts fixed-income team in Tokyo
Lehman Brothers has made two new hires to its fixed-income derivatives team in Tokyo. The US investment bank named Jeremy Martin as head swap trader, and Atsushi Ikeno as senior structurer and marketer. They both report to Satu Parikh, Lehman's head of…
Deutsche builds emerging market structured products group
Deutsche Bank has hired Hugo Faria to co-head its emerging market structured products area for the Americas. Faria will head the 14-person Latin America team, which develops products for credit, foreign exchange, commodities and interest rate risks.
BofA hires four to European fixed-income division
Banc of America Securities has hired Mitchell Lench, Andrew Panteli, John Oei and Jules Putterman to its European fixed-income division.
Shapiro to quit JP Morgan Chase; Winters promoted
Marc Shapiro, head of finance and risk management at JP Morgan Chase, will retire from the bank at the end of next year. Confirmation of Shapiro’s departure came amid a management reshuffle announced by chairman and chief executive, Bill Harrison, which…
Energy CROs committee set for public launch next week
The Committee of CROs, a body of energy company chief risk officers, will publicly launch next week. The committee has brought forward its formal creation due to the volume of industry enquiries following RiskNews' story US risk officers move to form…
JP Morgan Chase may exit European energy business
JP Morgan Chase has lost nine of its energy derivatives traders, fuelling speculation that the US investment bank may close its energy operations, at least in Europe, following widespread cost-cutting and restructuring.
JP Morgan Chase denies speculation on energy trading exit
David Puth, JP Morgan Chase’s global head of forex, whose remit includes managing the firm’s energy business, has denied the bank was planning to exit the energy business in Europe, or elsewhere, despite losing a raft of key energy traders in the past…
DrKW boosts derivatives team in Japan
Dresdner Kleinwort Wasserstein has hired Masanori Katagiri as director and head of equity derivatives structuring in Japan.
New chief executive for Zurich Capital Markets
Zurich Capital Markets (ZCM), the alternative asset management unit of Zurich Financial Services, has hired Stephen Sinacore as its new chief executive. He replaces Randall Kau, who left the firm to “pursue other interests".
Goldman's head quant Derman to retire
Emanuel Derman, head of Goldman Sachs' quantitative risk strategies group in firmwide risk, will retire from the firm in June.
Askari CEO and founder Davies to step down
Peter Davies, founder and chief executive of Askari, told RiskNews that he has resigned from the company after a decade at the helm of the New York-headquartered specialist buy-side risk management vendor.
BNP Paribas adds to energy derivatives team
BNP Paribas has hired two energy derivatives traders from JP Morgan Chase. Larry Felske joins BNP’s commodity-indexed transactions group as a director of natural gas options trading in New York, and Olivier Knight joins BNP’s London desk as an oil…
Danske continues forwards drive
Den Danske Bank has recruited foreign exchange forwards dealer Barry Smith in London as part of the bank’s bid to rebuild its forwards desk, said Matthew Couch, Den Danske's chief dealer for money markets forwards.
Citigroup names new global head of FX options
Citigroup has made Steven Reiter global head of foreign exchange options, replacing Ian Robertson, who filled the post temporarily after the departure of former options head Jack Jeffery in December.
Deutsche hires boost Iberia derivatives coverage
Deutsche Bank has poached Juan Jose Macias from Barclays Capital and Virilo Moro from Dresdner Kleinwort Wassertstein (DrKW) to boost its derivatives business in Spain and Portugal, following its earlier hire of Mariano Aldama as head of debt captial…
DrKW appoints new deputy head of equity derivatives trading
Dresdner Kleinwort Wasserstein (DrKW) has expanded its equity derivatives business with the hire of Areski Iberrakene as its deputy head of equity derivatives trading. He is due to join the bank next week.