Commerzbank
Markit hires credit derivative valuations specialist
Markit has hired Vaughan Harding as a director in its valuations group in London.
Market Axess and DTCC team up to offer CDS index trading system
Electronic bond trading platform company MarketAxess has teamed up with the Depository Trust & Clearing Corporation's (DTCC) and 11 global dealers to create an electronic client-to-dealer trading platform for credit default swap (CDS) indexes. The CDS…
DrKW combines derivatives trading and structuring teams
Dresdner Kleinwort Wasserstein (DrKW) has opted to combine its derivatives trading and structuring capabilities across multiple asset classes, creating a single global derivatives group within its capital markets business.
Dresdner hires six FX directors
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has appointed six key directors to its foreign exchange businesses in London and Frankfurt.
DrKW raids Calyon’s sales team
Dresdner Kleinwort Wasserstein, the investment banking arm of Frankfurt-based Dresdner Bank, has poached three senior members of Calyon’s structured investment products team to establish a structured products and derivatives sales team servicing US…
DrKW becomes first foreign member of Warsaw Stock Exchange
Dresdner Kleinwort Wasserstein (DrKW) today became the first non-Polish financial institution to become a member of the Warsaw Stock Exchange. This will allow DrKW’s institutional clients to trade Polish stocks and derivatives from April 1.
DrKW appoints global head of FX derivatives
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has hired Tim Carrington as its new global head of foreign exchange derivatives.
TriOptima opens New York office
Stockholm-based technology firm TriOptima has opened a New York office and hired Susan Hinko as managing director of TriOptima North America.
Bloomberg and TradeWeb enter multi-dealer electronic swaps trading fray
Competition in dealer-client electronic euro swaps trading is heating up with the launch of two new 'request-for-quote' (RFQ) multi-dealer interest rates swaps platforms in quick succession.
DrKW expands into base metals
Dresdner Kleinwort Wasserstein (DrKW) plans to build a base metals principal sales and trading group. It has hired three Koch Supply & Trading staff to set up the unit on March 7.
German banks get to grips with a new lending reality
Removal of state guarantees and pressure from shareholders for better returns means German banks can no longer churn out uneconomically priced loans to clients. Now they are starting to introduce sophisticated loan pricing systems, writes Duncan Wood
DrKW appoints new head of capital markets prop trading
Dresdner Kleinwort Wasserstein (DrKW), the investment banking division of Dresdner Bank, has appointed Richard Huston to the new position of global head of capital markets risk trading.
DrKW replaces hybrid capital head
Dresdner Kleinwort Wasserstein (DrKW) has hired Ronan Donohue as head of hybrid capital to replace Mark Woolley, who quit to join Deutsche Bank in September.
Commerzbank to close FX trading and sales in London
Commerzbank is to close its trading and sales operations in London for foreign exchange.
Former Deutsche traders launch hedge fund
Two former Deutsche Bank traders have launched a New York-based hedge fund, becoming the latest in a string of former investment bank employees to enter the business.
More banks get China derivatives licences
More banks have won approval to trade derivatives onshore in China, with JP Morgan Chase and UFJ among the latest to be given the go-ahead from the China Banking Regulatory Commission (CBRC).
BoA loses French corp sales dealer
Olivier Brouet has left Bank of America (BoA) in London, where he worked in FX sales to French corporates, reports FX Week , Risk ’s sister publication.
Mark Richardson joins WMG
Mark Richardson, global head of derivatives at Commerzbank Securities, has left the bank to join Mehmet Dalman at his new wealth management company, WMG. Dalman is the former head of global equities at Commerzbank.
Merrill Lynch poaches DrKW prime broking heads
US investment bank Merrill Lynch has hired Paul Dackombe and Gary Francis to head up its prime brokerage business.
DrKW boosts credit and derivatives sales and marketing
Dresdner Kleinwort Wasserstein (DrKW) hired five new staff to beef up its credit and derivatives sales and marketing team.
The Compliance Pain
Increasing regulatory oversight and static IT budgets create compliance headaches for the CIOs and CTOs of DrKW, Evergreen Investments, and JPMorgan Investor Services.
The Compliance Pain
Increasing regulatory oversight and static IT budgets create compliance headaches for the CIOs and CTOs of DrKW, Evergreen Investments, and JPMorgan Investor Services.
Commerzbank hires forex options trader
Commerzbank Securities in New York has hired Carmine Ricciardi as a senior foreign exchange options trader.
Deutsche Bank hires head of European insurance origination
Deutsche Bank has hired Mark Woolley to head up the German bank's European insurance origination department, part of the company’s debt capital markets division.