Risk magazine
Blackstone to cover private equity out of Hong Kong
US private equity firm Blackstone Group is expanding its Hong Kong office to cover private equity as well as its existing fund-of-hedge-fund activities in Asia.
SuperDerivatives upgrades structured products platform
SuperDerivatives has released a new version of its interest rate options and structured products platform, SD-IR.
State Street hires three directors in Europe
State Street Corporation, the Boston-based financial services provider, has appointed three European directors to its board.
McDonald retires from Bank of New York
Ross McDonald, co-head of derivatives trading for the global markets division of the Bank of New York (BoNY) for the past two years, has retired after 10 years in total with the bank.
BarCap hires in FX structuring
Barclays Capital has appointed Jamil Ghalayini as a director in corporate FX structuring. He is based in London.
SocGen reshuffles executives
Société Générale has overhauled its corporate and investment bank’s executive committee, and reorganised its divisions.
ABN Amro appoints leveraged finance heads for Asia and Spain
In a move to ramp up its leveraged finance business in Asia and Europe, ABN Amro today appointed Chi-Chi Chain as head of leveraged finance in Asia, and Inigo Heredia as head of leveraged finance in Spain.
Deutsche Bank bolsters equity prime brokerage
Deutsche Bank has named Barry Bausano as co-head of equity prime brokerage, along with Jonathan Hitchon.
S&P predicts harder times ahead for European structured products
European structured products will come under ratings pressure in 2007, but there will be only a limited number of downgrades, according to rating agency Standard & Poor's (S&P).
Eurex appoints director of US office
Eurex, the Frankfurt-based derivatives exchange, has named Heike Eckert as director of its US representative office.
Saxo launches retail algorithmic trading tool
Saxo Bank, the Danish investment bank, will roll out an algorithmic trading product specifically designed for retail clients within the next three months.
Italian regulator to use CDS data
Interdealer broker GFI has started providing credit default swap (CDS) data to the Commissione Nazionale per le Società e la Borsa, the Italian securities market regulator (Consob)- possibly for market surveillance purposes.
JP Morgan to offer interest rate options via Bloomberg
JP Morgan will offer its clients the ability to trade over-the-counter interest rate options on Bloomberg's trading platform.
SG and Calyon announce brokerage merger intentions
Paris-based banks Calyon and Société Générale confirmed they plan to merge their futures and options brokering subsidiaries, Calyon Financial and Fimat.
Deutsche appoints group treasurers
Deutsche Bank has appointed Chris Whitman as group treasurer, replacing Detlef Bindert.
Ice expects to launch Nybot commodities by end of month
The Atlanta-based Intercontinental Exchange (Ice) has announced the New York Board of Trade’s (Nybot) main soft commodities contracts may launch electronically later this month.
US regulators outline rules on structured finance
Five US regulatory organisations have issued a statement of principles on dealing with the risks involved in complex structured financial products.
Calyon names head of Asian debt
Aaron Tan will be based in Hong Kong as head of debt capital markets for the Asia-Pacific region excluding Japan, Calyon announced today.
LME to add new ferrous contracts and expand OTC clearing
The London Metals Exchange (LME) plans to launch futures in ferrous metals and offer over-the-counter (OTC) clearing this year, as part of a plan to attract new business.
Shanghai interbank rate launched
The Shanghai interbank offered rate (Shibor) was launched today (January 4) to establish a benchmark interest rate system for China’s money market.
OCC separates its risk management function
Michael Walinskas has assumed the role of senior vice-president responsible for risk management at the Options Clearing Corporation (OCC). His duties were previously covered by Andrew Naughton, formerly the chief financial officer of the Chicago-based…
OneChicago names new CEO
Chicago-based futures exchange OneChicago has named David Downey as its new chief executive.
Nybot CEO dies
Harry Falk, president and chief executive of the New York Board of Trade, died yesterday aged 66.
Same underlying names dominate CDS trading in December, says GFI
Credit default swaps (CDS) offering protection against debt issued by US auto companies, European telecoms and Asian financial services institutions were again the most actively traded credit derivatives in December.