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UBS names global capital markets heads
UBS has appointed Roberto Isolani and Matthew Koder as co-heads of its global capital markets (GCM) business, which is a recently merged division of the bank's equity capital markets and debt capital markets divisions.
JP Morgan launches placement programme for Bear Stearns staff
JP Morgan has launched a programme to place thousands of the Bear Stearns employees that are to be made redundant after its takeover of the rival bank.
SG's Kerviel report blames supervisors and accomplice
Inattention by inexperienced supervisors and an accomplice in the bank's middle office helped Jerome Kerviel carry out rogue trades that lost Société Générale €4.9 billion in January this year, according to reports released by the bank today.
Gary Bullock joins Credit Suisse as head of investment bank global operations
Credit Suisse has appointed Gary Bullock as a managing director and head of operations for the investment bank.
Dahinden, Mazzocchi, Silvotti leave RBS
Three senior structured credit bankers have left Royal Bank of Scotland (RBS) in London, not long after two of them joined the firm from Dresdner Kleinwort.
DB Advisors expands its quantitative strategies team
Deutsche Bank's asset management division, DB Advisors, has appointed Ross Sakamoto as senior product specialist for quantitative strategies.
BoNY appoints head of EMEA structured finance
The Bank of New York Mellon has appointed Dean Fletcher as managing director of its structured products group covering Europe, the Middle East and Africa (EMEA) for the international division of the company’s global corporate trust business.
Carson global head of Deutsche’s new derivatives unit
Deutsche Bank has named Richard Carson as global head of global equity derivatives (GED) - a newly-integrated business unit that includes the bank's vanilla, synthetic and complex equity derivatives franchises.
UBS appoints Philip Lofts as new group risk COO
UBS has made changes to its risk division, appointing Philip Lofts as group risk chief operating officer. The appointment comes a month after the bank, which has been the biggest victim of the subprime losses, released a report to shareholders citing …
UBS in risk management shake-up
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UBS names head of US equity structuring
Greg Morris has left Deutsche Bank to join UBS Investment Bank as head of US equity structuring.
CME information head retires
James Krause, chief information officer at the Chicago Mercantile Exchange, is to retire at the end of June. He will be replaced by his deputy, Kevin Kometer.
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Mexico
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Promising developments
Historically, cross-border mortgage lending has been a limited market with select players offering piecemeal loans to those looking for holiday homes. Now originators are assessing the potential of so-called emerging mortgage markets, where new ventures…
Regulatory burden set to increase
Financial institutions hoping for some relief from the myriad of regulations introduced in recent years are set to be disappointed, according to recent research from global advisory firm Deloitte.
Joshi and de Vitry expand their roles at BarCap
Two of Barclays Capital’s most senior staff, Dixit Joshi and Benoit de Vitry, have been promoted to take on wider responsibilities at the bank.
Rothwell departs JP Morgan
Giles Rothwell has left JP Morgan, where he was global head of structured investments distributor marketing. He has been replaced by Beat von Gunten, previously head of structured products distributor marketing for Europe, the Middle East and Africa at…
UBS makes two hires for metals team
UBS has appointed Paul Wilkes and Clive Stocker to its metals team.
Valet replaces Oudea as CFO at Société Générale
Didier Valet has been promoted to group chief financial officer at Société Générale, succeeding Frédéric Oudea, who became chief executive last month.