Bank of America
Fitch adds to European structured finance emerging markets
Fitch Ratings has appointed Jaime Sanz as a senior director to lead its London-based European structured finance emerging markets team.
Risk information: science or art?
Industry experts gathered for a roundtable discussion in New York at the end of May to debate the ways firms acquire and use information about risks. Moderated by Ellen Davis
New equity derivatives head leaves Credit Suisse
Jerome Drean, Credit Suisse’s London-based head of European equity derivatives trading, has left the bank.
Bank of America promotes White to head of global markets
Bank of America has announced the promotion of Mark White to replace Mark Werner as head of global markets at its New York office.
Dow Kim leaves Merrill Lynch
Dow Kim, New York-based co-head of global markets and investment banking at Merrill Lynch, will leave the bank by the end of the year. According to the company, he plans to establish a multi-strategy private investment firm.
Merrill Lynch launches first rated CFXO
Merrill Lynch has launched the first full rated and managed collateralised foreign exchange obligation. The product is being managed by Crédit Agricole Asset Management, and rated by Standard & Poor's.
Isda AGM: Bank of America’s Lewis urges continued vigilance as market booms
In a speech that highlighted the way in which derivatives have contributed to global economic stability and prosperity, Bank of America’s chief executive and chairman, Kenneth Lewis, cautioned that the derivatives industry must work hard to ensure its…
Deutsche Bank hires vice-chairman of equity capital markets
Deutsche Bank Securities, the US investment banking and securities arm of Deutsche Bank, has appointed Jeff Rosichan vice-chairman of equity capital markets, effective from late June.
Bear hires Sun to lead Asia structured finance team
George Sun has joined Bear Stearns as head of structured credit marketing, Asia, in Hong Kong. He started his new position in March.
Merrill Lynch International chairman moves to Hong Kong
Kevin Watts, the London-based chairman of Merrill Lynch’s international subsidiary, will move permanently to Hong Kong from April.
Merrill Lynch hires two senior traders from Barclays
Merrill Lynch has hired two senior traders in Hong Kong – Herr Ling Yeoh as head of proprietary local currency trading and Amit Bansal as director of south Asia rates trading, both moving from Barclays Capital.
BoA does deal with Justice Department over municipal bonds
Bank of America, the second largest US bank, has signed a 'leniency agreement' with the US Department of Justice, in return for the bank’s co-operation with the department’s investigation into municipal derivatives.
Merrill Lynch launches volatility arbitrage index
Merrill Lynch has launched an equity volatility arbitrage index which seeks to cheaply replicate a popular hedge fund strategy.
Merrill Lynch - Product review
China may be an interesting investment theme but stock volatility there can often present a challenge. Merrill Lynch's Citrine 4 Notes provide that all-important capital protection combined with a short maturity,
Merrill Lynch and Axa close first French property swap
Merrill Lynch and Axa Real Estate Investment Managers have executed the first French property derivatives swap.
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
Head of portfolio management leaves Primus
Charles Truett, head of portfolio management at New York-based credit derivatives company Primus Guaranty, is retiring at the end of March.
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
NewSmith appoints Tsang as partner
London-based NewSmith Financial Solutions, the debt-focused financial adviser, has hired Terence Tsang as a partner.
Nine banks to build Mifid utility
Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform, to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) reforms.
BarCap and Merrill Lynch expand derivatives research
Barclays Capital and Merrill Lynch have released new reports on derivatives strategies.
Sidenius joins JP Morgan credit modelling team
Jakob Sidenius has joined JP Morgan Chase in London as senior vice-president in credit quantitative research. Sidenius, who has written a number of technical papers on the pricing of collaterised debt obligations (See: All your hedges in one basket ),…
Merrill hires Shenk in Japan
Merrill Lynch’s prime brokerage operation has hired Scott Shenk to head its Pacific Rim listed futures and options business in Tokyo.
Merrill Lynch hires Pringle in revamp of derivatives team
Merrill Lynch has appointed Michael Pringle as managing director and head of flow derivatives and equity risk in Europe, the Middle East and Africa (Emea).