Bank of America
UBS hires new emerging markets head
Can Uran joins bank as co-head of FICC emerging markets.
Morgan Stanley bolsters EQD team
Newcomers to focus on the Middle East and North Africa (MENA) region.
Options exercise process subject to operational risks, say experts
Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Citi adds three Bank of America private bankers in New York
Citi Private Bank has added three private bankers in its New York office. All have moved from US Trust, Bank of America Private Wealth Management, with two joining as managing directors and one as a senior vice-president
Countrywide to pay $600 million to New York pension funds
Mortgage bank alleged to have exposed investors to excessive risk
Fiscal austerity measures could hit corporate credit, analysts warn
As governments across Europe announce austerity measures designed to rein in deficits, sovereign and corporate bond investors are divided over the scale and timing of the cuts.
Oil supply outlook: Nigeria
An uptick in Nigerian oil production at the end of 2009 led to hopes of greater supply stability. However, with political uncertainty looming and attacks on oil facilities on the rise again, Lianna Brinded asks experts if they are still optimistic for…
US inflation options sponsored forum: Recovery and development
The inflation market has had a challenging few months. In particular, many dealers were hurt by short positions in 0% inflation floors, causing sizeable losses for some firms. Sponsored by BGC Partners, Risk convened a panel of major inflation dealers in…
Isda AGM: Reform bill misgivings aired
A speaker from BAML calls for delays to US financial reform proposals.
Cloud computing security and compliance issues challenge banks
Financial services firms, wary of cloud computing, are looking to a new hybrid public-private cloud strategy to ease concerns.
ETF Securities launches commodity index tracker fund
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.