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Patsystems' de Cock ousted from CEO role
Jacques de Cock has stepped down as chief executive officer of London-based trading software company patsystems. David Jones, who was appointed to the board as non-executive director in January 2001, takes over as chief executive. Patsystems said de Cock…
RBS appoints Burtonshaw as head of finance technology
The Royal Bank of Scotland's (RBS) financial markets division has made Peter Burtonshaw its new head of finance technology with immediate effect.
AFS Group to establish London office
Amsterdam-based interdealer broker AFS Group is establishing a London-based office that will initially focus on offering equity derivatives.
The bigger picture
Paul Moore of PM Capital says there is more to be learnt through assessing corporate behaviour than panicking over the more fickle markets
An easy transition
Since moving from long-only funds, Ashley Willing has settled into his hedge fund management role at Gartmore and is currently co-manager of a long/short UK equity fund of fund vehicle for Lyxor
Ready for change
Geoff Bennett looks at the opportunities presented by Japan as well as the advantages of working from a US base
Insurance is the best policy
Andrew Fielding of ASF Financial looks at the importance of investing time to assess the insurable risks of a company
Finding the right balance
Equalisation has often been a confusing aspect in the fee structure of hedge funds and although understanding has improved, it can still cause problems among investors
DeAM expands New York fund of funds team
Deutsche Asset Management (DeAM) is expanding its fund of funds business with the appointment of four new directors to its New York-based team. Steven Bossi, Mustafa Jama, John Gallagher and Lance Babbit take up newly created positions and will report to…
Kingsley named head of Andersen’s finance practice
Veteran risk management and markets practice consultant Stephen Kingsley has been made global head of financial services practice at professional services firm Andersen, following a four-year stint leading the firm’s Europe, Middle East and Africa (EMEA)…
Summe replaces Jelich as Isda general counsel
The International Swaps and Derivatives Association (Isda) has promoted Kimberly Summe to be its general counsel, effective from September 10, replacing Emily Jelich. Isda said Jelich, who only took up the role three months ago, was leaving for “personal…
Hohl moves to BIS to promote Basel in Asia
Stefan Hohl, the Bundesbank’s head of internal risk management, has moved to the Bank for International Settlements (BIS) to promote the new Basel Capital Accord in Asia.
Icap buys out Prebon's stake in spot FX venture
Cash-rich UK inter-dealer broker Icap has bought out the 52% stake it did not already own in a spot FX joint venture with rival Prebon Yamane for £6.2 million.
Why an Op Risk capital charge is dangerous and won’t work
The operational risk capital charge proposed under the Basel II banking accord is fundamentally flawed, and could have unintended and highly undesirable consequences, argues Karen Shaw Petrou.
A call to action for Op Risk insurers
Insurance companies must not waste time now the Basel II regulators have shown an amber light to operational risk insurance, say Roland Avery and Daniel Butler.
A Call To Action For Op Risk Insurers
BASLE II UPDATE
Does Outsourcing Reduce Op Risk?
OUTSOURCING
Why An Op Risk Capital Charge Is Dangerous And Won’t Work
BASLE II UPDATE
Elimination Of A Major Op Risk In Currency Markets Looms
SETTLEMENT RISK