Deutsche Bank
BarCap boosts illiquid credit trading
London-based investment bank, Barclays Capital, has hired Kevin Gribben as a director in its illiquid credit trading division.
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.
Deutsche gets China derivatives licence
Deutsche Bank has become the latest institution to gain a licence to trade derivatives onshore in China. A Deutsche official in Singapore told RiskNews that the China Banking Regulatory Commission (CBRC) gave the German bank the go-ahead yesterday.
Deutsche sues JP Morgan Chase over credit team defections
Deutsche Bank has filed a lawsuit against JP Morgan Chase and two of the German bank's former employees following the defection of senior Deutsche Bank staff to the US bank more than a month ago.
Deutsche Bank hires MBS group heads
Deutsche Bank has hired Neil Ahuja and John Roach as head of mortgage-backed securities (MBS) and mortgage derivatives trading, respectively.
Deutsche reorganises credit unit after defections to JP Morgan
Deutsche Bank is to reorganise the management of its collateralised debt obligation (CDO) business for the second time in six months. The move comes a month after JP Morgan Chase poached a number of the German bank's senior staff, although a Deutsche…
Age of reason or age of procedure?
The risk management industry's increasing use of sophisticated models and technology – when coupled with poor modelling choices – can cause problems. Stephen Blyth calls for a return to to judgement and reasoning, and a halt to proceduralism.
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.
DTCC expands matching and confirmation services
The Depository Trust and Clearing Corporation (DTCC) is to expand its matching and confirmation facility, dubbed Deriv/Serv, to include equity derivatives.
Smothered by red tape
In response to a string of dubious structured finance transactions (remember Enron?), the ever-watchful regulators have proposed a set of guidelines which observers fear could choke the market.
Smothered by red tape
In response to a string of dubious structured finance transactions (remember Enron?), the ever-watchful regulators have proposed a set of guidelines which observers fear could choke the market.
Smothered by red tape
In response to a string of dubious structured finance transactions (remember Enron?), the ever-watchful regulators have proposed a set of guidelines which observers fear could choke the market.
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 .
Chinese regulator extends derivatives transition period
The China Banking Regulatory Commission (CBRC) has extended the transition period for its new derivatives licensing regime, giving banks an extra three months to get licences in place that will allow them to trade derivatives onshore.
First Irish covered mortgage bonds set to debut
Bank of Ireland's mortgage banking unit is readying the country’s first issuance of covered bonds backed by a pool of residential mortgages. The €2 billion issue, which will be triple-A rated, is set to be priced within the next month. Barclays Capital,…
The holistic approach to operational risk management
The term operational risk management (ORM) tends to conjure up images of every type of risk except credit or market risk. Some think of the Basel definition of operational risk and others will come up with their own versions.
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 .
Deutsche makes Tokyo appointment
Deutsche Securities, a subsidiary of Deutsche Bank, has promoted Henry Ritchotte to head of global markets, Japan.
GFI launches electronic credit derivatives trading platform
Inter-dealer broker GFI has completed the first stage of its rollout of CreditMatch, its electronic trading platform for credit derivatives.
Deutsche Bank makes appointments in structured and investment products team
Deutsche Bank has made two appointments to its structured and investment products team, part of the global equities department, in its New York office.
Deutsche adds to US structuring team
Deutsche Bank has added three directors to its North American structuring team.
Deutsche hires director in strategic equity transactions group
Tim Maynard has joined Deutsche Bank’s strategic equity transactions group as a director, based in the London office.
Deutsche appoints new head of operational risk
Deutsche Bank has internally appointed Christian Sewing as global head of operational risk management (ORM), replacing Fred Peemoeller.
Deutsche appoints new head of operational risk
Deutsche Bank has internally appointed Christian Sewing as global head of operational risk management (ORM), replacing Fred Peemoeller.