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Keeping it in the family

Beverly Chandler talks to Gailen Krug, chief investment officer and vice president of Waycrosse Inc about the company's method of managing money in a family office.

ABN Amro adds to institutional forex sales

ABN Amro has made three new hires in institutional foreign exchange sales – part of its global financial markets business. All three report to Chicago-based Robert Rodman, ABN's global head of forex product sales to financial institutions and the public…

Merill Lynch hires for European derivatives sales

Merrill Lynch has made two new hires for its derivatives sales force in Europe. Robert Machin joins as a director of interest rate derivatives, and Konstantin Krebs joins as a senior vice-president, marketing credit derivatives, interest rate derivatives…

Merrill Lynch snags two from SG in Asia

Merrill Lynch (Asia Pacific) has snatched two derivatives specialists from SG Securities Global Equities, in a move to strengthen its position in the region's equity derivatives markets, according to the bank.

Patsystems saga continues

Patsystems’ extraordinary general meeting, requisitioned by a group of disgruntled shareholders on February 11 this year, has been postponed until March 23.

Overmars to head ABN financial markets

Piero Overmars has stepped up from his role as ABN Amro’s head of global financial markets in Japan, to become the Dutch bank’s global head of global financial markets, based in Amsterdam. He replaces Nils Lorenzen, who has resigned for personal reasons…

Citibank appoints head of structuring for Asia-Pacific

Citibank has named Rodrigo Zorrilla as head of structuring and corporate sales for Asia-Pacific, reporting to Paco Ybarra, head of financial markets for Citibank Asia-Pacific. He will be responsible for the development and structuring of Citibank's Asian…

New multi-bank op risk data pooling venture

Over a dozen large global banks plan to form a new not-for-profit venture to pool operational risk data this spring. The Operational Risk Data Exchange (ORX) will be incorporated in Switzerland – selected for its data privacy and confidentiality laws –…

Hawke highlights "thorny issues" of Basel II

John Hawke, the US Comptroller of the Currency, this week said that “there are a number of thorny issues that remain to be worked out” in the Basel II bank capital adequacy Accord. Speaking at a conference held by the Institute of International Bankers…

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