People
Weathering the storms
Zaheer Sitabkhan reveals the investment tactics behind the successful LG Asia Plus equity fund
Stick with what you know for success
Hedge Funds Review talks to Dixon Boardman about one of the oldest fund of funds in the industry, the Optima Managed Futures Fund
Gaining the competitive edge
Sophie Radnor speaks to Mark Erenstein, the executive vice president of Garban Corporates and Pronous founder
We have lift-off
The Contracts for Difference market is enjoying explosive growth at the moment, says Cate Rocchi
Deutsche Bank hires chairman of global markets, Asia-Pacific
Deutsche Bank has named Jonathan Paul as chairman of global markets, Asia-Pacific, based in Hong Kong. Paul will be responsible for the bank's global markets business in Asia, Japan, and Australia, including its derivatives operations.
Enron considers offer for bandwidth business
Enron, which is attempting to sell off its businesses to repay creditors, may have found a buyer for its broadband network, Enron Broadband Services (EBS). Jarvis Entertainment Group (Jeg), a Texas-based internet technology and entertainment holding…
ABN Amro names Singapore head of credit structuring
Dutch bank ABN Amro has promoted MC Subramaniam to head of credit structuring and loan products in Singapore. Subramaniam will take responsibility for the bank's origination, risk management and execution activities relating to loan products business…
Merrill takes on more risk, sets up equity prop-trading unit
Merrill Lynch appears determined to take more risk on its own books as part of an effort to boost profits. The firm’s latest move is to set up an equity prop-trading unit to trade equity-linked products. The development follows a decision last year to…
Credit Lyonnais boosts Asian hedge fund team
The emerging markets arm of Credit Lyonnais has made three new hires to its specialist hedge fund team in Hong Kong.
Isda publishes FpML 3.0 specs
The International Swaps and Derivatives Association has released the working draft of FpML 3.0, which aims to increase the coverage of the standardised, electronic language to cover foreign exchange over-the-counter contracts such as forex forwards and…
DrKW adds to credit derivatives team in Japan
Dresdner Kleinwort Wasserstein has hired Michael Gordon as director of credit derivatives trading in Tokyo. He was previously a credit derivatives trader at Enron Credit in Japan.
Merrill Lynch continues FX drive with key hires
Merrill Lynch has made three key FX hires in New York and Tokyo, combating rumours that a recent exodus of dealers had left the bank’s foreign exchange business understaffed.
TFS-Icap completes Volbroker integration
Interbank broker TFS-Icap has completed the integration of online options broking platform Volbroker, following its December 1 acquisition of a stake in the bank-owned consortium.
Credit Lyonnais Asian equity derivatives head resigns
Eddie Tam, Credit Lyonnais’ prominent head of Asian equity derivatives sales in Hong Kong, has abruptly resigned from the bank.
JPMC snares four equity specialists from Merrill Lynch
JP Morgan Chase has snared four equity derivatives experts from Wall Street rival Merrill Lynch. The foursome includes Merrill co-heads of risk trading, Matt Celebuski and Eric Moore.
WestLB derivatives head quits for the arts
WestLB has hired Ian Clifton as its new head of derivatives within its global financial markets (GFM) division, after the previous head, Dominic Palfreyman, quit to pursue a career in the performance arts.
Ritossa takes over as Barclays Capital forex head
Barclays Capital, the investment banking division of the UK's Barclays, has hired Ivan Ritossa as global head of foreign exchange. He joins from Lehman Brothers, where he gained a strong reputation for building up the Wall Street firm's forex operations…
Willis expands ART services to New York
International insurance broker, Willis Group, has established a structured financial solutions practice group for North America, based in New York.
Citibank and SSB integrate Asian derivatives sale
US financial conglomerate Citigroup will combine its Citibank and Salomon Smith Barney (SSB) Asia-Pacific regional sales unit for fixed-income derivatives and cash products.