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Chief risk officer at Anglo Irish Bank resigns
William McAteer, the chief risk officer and finance director at Anglo Irish Bank, became the latest senior figure to tender his resignation at the troubled Dublin-based firm on Wednesday (January 7).
New board for European Primary Dealers Association
Stanislas de Caumont of Credit Suisse and Gunter Fluyt of ING will co-chair the new executive board of the European Primary Dealers Association (EPDA).
Capgemini and BWise collaborate on GRC strategy
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Kroeker steps up to succeed Hewitt at SEC
The US Securities and Exchange Commission has named James Kroeker to succeed Conrad Hewitt as acting chief accountant.
Deutsche hires Japan prime-broking head
Masakazu Yanagisawa has joined Deutsche Securities in Tokyo as head of global prime finance sales for Japan, a post that had been vacant for some time. He was previously head of prime brokerage and capital introductions for Japan at Merrill Lynch.
Congress questions SEC competence as Madoff investigation begins
US Congressmen have voiced scepticism about the Securities and Exchange Commission's (SEC) plans to investigate internal failings over the Bernard Madoff fraud case and explore whether numerous opportunities to identify the $50 billion swindle were…
Knüpling promoted to deputy CRO at Scor
Frieder Knüpling has been promoted to deputy chief risk officer (CRO) of Paris-based reinsurer Scor.
Freddie Mac names chief credit officer
Freddie Mac has appointed Raymond Romano as chief credit officer, the company revealed in a statement on December 29.
StanChart names country heads of commodity trading
Standard Chartered has appointed country heads for its commodity trading and agribusiness (CTA) division in China, Indonesia and the United Arab Emirates (UAE).
The matchmakers
Evolution Securities, a London investment bank previously associated with the equities market and its advisory work with small- and mid-cap clients, has branched into fixed income with the recruitment of two credit market stalwarts, Guy Cornelius and…
The City's boy in blue
For all the recent talk amongst banking chiefs and lawmakers of a return to a more 'vanilla' world of high finance, the sophistication of modern markets provides a fertile ground for fraudsters and insider dealers to operate without detection. To combat…
Is it too late to revive the securitisation market?
First we were told it was undergoing a temporary hiatus, then it was stalled, now they're saying it's broken altogether. William Rhode takes a look at the global securitisation market to see what, if anything, can be done to restore its fortunes
Calls grow for scrapping of Basel II accord
Industry figures argue that the capital adequacy regime is not relevant in today's economic climate, and that regulators have already abandoned certain aspects of the accord on the quiet
Nick Themelis
The CIO at e-trading platform MarketAxess tells Matthew Attwood how the company's technology helps clients achieve regulatory compliance
In thrall to the exchequer
Banks have accepted the bailout cash, but will this Faustian pact come back to haunt them?
Fool's gold - How securitisation promised much ... but delivered little
The notion that securitisation as a technique is able to increase liquidity in the financial system by making marketable securities out of hitherto illiquid debt has been exposed as flawed, argues Anastasia Nesvetailova. It's not that financial…
New year, new hope for euro corporate bonds
Now that issuers have woken up to the unpalatable truth that wide spreads are here to stay - for the short term at least - a mini-rally in European bond issuance has ensued. Laurence Neville looks at how the corporate bond market is adjusting to its new…
Counting on the counterparty
High-profile banking failures have led to uncertainty over the ability of credit derivatives counterparties to honour their side of the trade. Contingent credit default swaps, or CCDS, are designed to mitigate this risk. But will plans for a central…
Changing Hats
Changing Hats
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