Credit Suisse

ABN Amro wins China derivatives licence

ABN Amro last week joined the elite group of foreign banks authorised to trade foreign exchange derivatives in China after winning a licence from regulator the China Banking Regulatory Commission, reports RiskNews’ sister publication, FX Week .

CSFB gets OK for derivatives in China

The China Banking Regulatory Commission (CBRC) authorised Credit Suisse First Boston (CSFB) to launch a financial derivatives business in China last week, reports RiskNews’ sister publication, FX Week .

Gupta to co-head credit trading at RBS

Sanjeev Gupta, formerly a managing director for credit derivatives at Credit Suisse First Boston (CSFB), has come out of retirement to help spearhead the build-up of Royal Bank of Scotland’s (RBS) integrated credit business in the US.

DrKW appoints quant trading team

Dresdner Kleinwort Wasserstein (DrKW) has created a new quantitative trading team in London. It started trading this month and focuses on statistical arbitrage strategies.

Banc of America Securities expands in credit derivatives

Charlotte-based Banc of America Securities has hired Peter Nguyen from Credit Suisse First Boston (CSFB) as head of credit derivatives specialist sales. He will lead the credit derivatives sales effort to hedge funds, banks and other frequent credit…

Private equity group to acquire majority stake in Refco

Boston-based private equity group Thomas H Lee Partners (THL) will acquire a majority stake in Refco, a New York-based financial services firm involved in derivatives execution and clearing, as well as a provider of prime brokerage services for fixed…

TXU and CSFB form energy trading company

Dallas-based TXU has entered into a joint partnership with Credit Suisse First Boston (CSFB) to create an independent entity to market and trade power, natural gas and other energy-related commodities in North America.

Deutsche loses top LatAm derivatives marketers

Deutsche Bank has lost two of its top derivatives marketers for Latin America. Hugo Faria, head of Latin American derivatives marketing and Mauricio Esquenazi, Faria’s deputy, have left for UBS and Credit Suisse First Boston, respectively.

Martin Wiedmann leaves UBS

The departure of Martin Wiedmann from UBS in Zurich last week sparked a guessing game among his peers over which bank he is set to join, reports RiskNews ' sister publication FX Week .

DrKW hires six in hedge fund sales

Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has made six additions to its hedge fund sales team in recent weeks. All six take the title of director and will be based in London.

Kemp takes foreign exchange helm at Merrill

Morgan Stanley foreign exchange chief Stephen Kemp is set to take on the continued build-up of Merrill Lynch’s forex business, following the resignation of co-head of global foreign exchange and rates Michael DeSa, reports RiskNews' sister publication FX…

Wachovia expands structured credit team

Wachovia Securities, the corporate and investment banking arm of Charlotte-based financial services company Wachovia Corporation, has recruited five people to work within the structured credit products group.

CSFB recruits equity derivatives marketer

Credit Suisse First Boston (CSFB), the investment banking arm of Zurich-based financial services company Credit Suisse Group, has hired Stephen Roti as managing director and head of US corporate equity derivatives marketing, within the equity-linked…

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