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Braemar and Tullett Prebon form FFA broking team
UK-based shipping company Braemar Seascope and global inter-dealer broker Tullett Prebon have initiated a joint-venture to concentrate on broking forward freight agreements (FFAs).
BGC names Aubin global head of listed products
Interdealer broker BGC has appointed Jean-Pierre Aubin as global head of listed products, based in New York.
BarCap appoints new FX structuring head for Americas
Barclays Capital has appointed Tim Davenport as managing director and head of FX structuring for the Americas. Davenport joins the bank from Bear Stearns, where he was head of structured derivative products for the past two years.
Citi continues equity derivatives reshuffle
Following the departure of Citi's global head of equity derivatives, Joe Elmlinger, two of the bank's regional heads have also left their posts.
S&P names David Jacob as head of structured finance ratings
Standard & Poor’s has appointed David Jacob as head of structured finance ratings. He replaces Vickie Tillman, who has been acting head since January, when Joanne Rose became executive managing director for risk and quality policy.
BNP adds Zuberi to US structured credit desk
BNP Paribas has appointed Adnan Zuberi as a director on the structured credit desk in New York. He reports to Jerome Wong, the head of credit structuring for the Americas.
BarCap names head of structuring, Asia-Pacific
Barclays Capital has appointed Chak Wong as head of structuring for the Asia-Pacific region, based in Hong Kong.
Deutsche moves Price to US inflation post
Keith Price, currently responsible for UK retail price index trading at Deutsche Bank in London, is moving to the bank's New York office to take over as head of North American inflation trading.
European credit trading head leaves SocGen
Lionel Gibert, London-based head of European credit trading at Société Générale Corporate and Investment Banking (SG CIB), has quit.
World Energy to host RGGI carbon allowance auction
US online exchange operator World Energy has signed a contract with RGGI Inc – an administrative subsidiary of the Regional Greenhouse Gas Initiative (RGGI) – to host its first auction for regional carbon dioxide (CO2) allowances.
RBS makes four hires for Asia-Pacific rates and currency
Royal Bank of Scotland (RBS) has made four senior additions to its rates and currency trading and structuring teams in the Asia-Pacific region.
Barcap appoints head of structuring Asia-Pacific
Barclays Capital has appointed Chak Wong as a managing director, head of structuring in investment banking Asia Pacific. Wong, who will lead the Asia Pacific structuring team within investment banking on a cross asset-class basis, will report to Patrick…
RBS strengthens FX and rates exotics in Asia-Pacific
RBS has strengthened both its trading and structuring teams in Asia-Pacific with two senior appointments. Rubin Rajendram joins as head of euro and US dollar rates exotics trading and Richard Summerbell as head of currency structuring for Asia ex-Japan…
BarCap names New York forex structuring head
Tim Davenport has joined Barclays Capital as head of foreign exchange structuring for the Americas.
Evolution launches catastrophe derivatives division
Environmental brokerage firm Evolution Markets has introduced a brokerage and transaction service to focus on the catastrophe derivatives market.
UK regulators propose remedies for future mortgage bank recoveries
As a result of the fallout from the crisis at Northern Rock, the UK Treasury, Bank of England and Financial Services Authority have produced consultation papers with recommendations on how to deal with similar episodes in future.
Energy Risk’s Asia Awards 2008
The emerging and often illiquid nature of some of Asia’s energy markets has made them a challenging environment in which to work during the credit crunch. Despite this, there are some impressive success stories. Our Asia Awards honour seven companies…
Elmlinger exits Citi
Joe Elmlinger, New York-based head of global equity derivatives at Citi and a director of the International Swaps and Derivatives Association, has left the firm.
Citi creates retail structured products group
Citi has formed a global retail structured products group and appointed Richard Burns, previously head of equities structured products, to lead it.