Risk magazine
Washington Mutual drops CEO
Seattle-based Washington Mutual has announced the departure of long-serving chief executive Kerry Killinger.
Fuhr to cover exchange-traded funds at BGI
Deborah Fuhr, who previously headed exchange-traded funds (ETF) research at Morgan Stanley, has joined asset manager and ETF provider Barclays Global Investors (BGI) in a similar role.
Lehman appoints new fixed-income chiefs
Lehman Brothers has appointed Eric Felder and Hyung Soon Lee as global co-heads of fixed income.
London Stock Exchange suspends trading
The London Stock Exchange suspended trading this morning at 0915 GMT, eight minutes after commencing.
US authorities step in to rescue GSEs
The US Treasury and Federal Housing Finance Agency (FHFA) announced on Sunday details of a rescue plan to place the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac into government conservatorship.
UBS names new global head of fixed income, currencies and commodities
Carsten Kengeter will join UBS in the beginning of 2009 as global head of fixed income, currencies and commodities (FICC).
BNP creates distressed finance group
BNP Paribas has established a new distressed finance group, to be led by Alain Dib. Dib, previously co-head of European high-yield capital markets, will remain in London.
Drop in August Eurex volumes masks steady growth
A drop in August trade volumes at Frankfurt-based derivatives exchange Eurex is a result of unusually high volumes in 2007 and disguises steady growth so far this year.
Pimco CEO to retire
Bill Thompson, chief executive of the US asset management firm Pimco, will retire at the end of the year, to be replaced by co-chief executive Mohamed El-Erian.
Doubts over UK and ECB bank support
As the European Central Bank (ECB) acts to reduce its liquidity support for eurozone banks, UK banks may face dire consequences from heavy use of the Bank of England's support scheme.
More ABS losses to come on Alt-A, auto loans and credit cards
While defaults and delinquencies on subprime mortgages appear to have peaked, losses on prime mortgages and other prime collateral referenced by asset-backed securities (ABS), such as auto loans and credit cards, are expected to keep rising.
Italy set for launch of electricity futures
After years in the making, Italy will finally see the introduction of exchange-traded electricity derivatives through Borsa Italiana, the Italian stock exchange.
Two Credit Suisse brokers charged with ARS fraud
The US Securities and Exchange Commission (SEC) has accused two Credit Suisse brokers of duping their customers into buying more than $1 billion of subprime-backed auction rate securities (ARS).
Standard Chartered names two new global heads
Standard Chartered Bank has named new global heads of structuring, and equity derivatives and commodities.
BarCap names head of equity derivatives flow sales
Barclays Capital has appointed Yannick Mallegol as head of equity derivatives flow sales.
BNP Paribas loses head of insurance and pensions
Mark Azzopardi, London-based head of insurance and pensions at BNP Paribas, has left the bank for a role with asset manager AllianceBernstein.
Cat bonds go against the grain of the credit crisis
Catastrophe bonds (cat bonds) have been one of the few asset classes to prove resilient to the capital markets' turbulence over the past year.
Changing exchanges
Alternative trading venues
Measuring liquidity risk
Liquidity risk
Burgeoning buyouts
Bulk purchase annuities
Gearing for clearing
Clearing
Eurex OTC Trade facilities
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