People
Pioneer Investments recruits Price-Haworth as head of Institutional & Wholesale UK
Roger Price-Haworth joins Pioneer Investments as head of Institutional & Wholesale Business UK, a newly created role based in the London office. He will report to Paul Price, head of Global Institutional.
Markit opens Sydney office
London-based Markit, a provider of independent data, portfolio valuations and over-the-counter derivatives trade processing, has opened an office in Sydney, its first in Australia and third in the Asia-Pacific region.
Macquarie appoints Asia head of renewables
Australian financial group Macquarie has hired Anton Rohner in a newly created position as head of Asian renewables at Macquarie Capital Advisers in Hong Kong, where he will look after renewable energy investments.
BNPP adds Tranter as head of European equity derivatives flow sales
Nick Tranter will join BNP Paribas as head of European Equity Derivatives Flow Sales on January 28. Tranter will also oversee the French bank’s equity derivatives business with UK clients. He will report to Denis Frances, global head of equity…
Lowenstein brings in derivatives expertise
Lowenstein has taken on Sherri Venokur as part of its investment management group. Venokur will be chair of the New York-based law firm’s derivatives practice group. Her appointment marks a move by Lowenstein to become more involved in the derivatives…
The drive for convertibles
Hedge funds are exploring opportunities in convertible arbitrage, a trade that appeared to have gone out of fashion permanently back in 2005. With the promise of lucrative returns having put this strategy firmly back on the map, investors now need to be…
Banks intensify SIV firefighting efforts
Banks are scrambling to revive flagging structured investment vehicles amid downgrades and souring market values. Is there a case to answer for the rating agencies?
Talking point - 2008 outlook
Talkingpoint
Profile - Andrew Kasapis
Matthew Attwood talks to Credit's new columnist Andrew Kasapis, director of consultancy Credit Hedge Ltd, about what was behind this year's subprime snarl-up
The Big Interview - Moody's
Brian Clarkson and Frederick Drevon from under-fire rating agency Moody's talk to Credit about what areas of their business they intend to tighten up and what effect the liquidity crisis may have on the broader market
Bailout time for SIVs
Investors are watching eagerly as banks unveil plans to restructure their ailing SIVs. Hardeep Dhillon looks at the various schemes and how they affect the proposed M-LEC 'super-SIV'
Asia heads of equities and prime brokerage leave Merrill Lynch
Two top Merrill Lynch executives based in Hong Kong are leaving the bank. Melvyn Ford, head of Pacific Rim global markets financing and services (GMF&S), left in early January, while Nigel Beattie, co-head of Pacific Rim equities, will depart on January…
FSA appoints new MD of wholesale
Sally Dewar has become the new managing director of wholesale at the UK Financial Services Authority (FSA), in one of several organisational changes at the regulator.
Congressman Baker likely to head the Managed Fund Association
Richard Baker, a Republican member of the US House of Representatives and a senior member of the House Financial Services Capital Markets Subcommittee, is in final negotiations to become chief executive of the Managed Fund Association (MFA), a Washington…
BNP names first European equity derivatives flow sales head
BNP Paribas has named Nick Tranter as its London-based head of European equity derivatives flow sales, a newly created role.
Julius Baer poaches UBS marketers in Singapore
Wealth manager Bank Julius Baer has expanded its marketing team in Singapore with several senior hires from Swiss rival UBS.
DBRS retreats from Europe
Dominion Bond Rating Service (DBRS) has closed its European offices in London, Paris and Frankfurt as a result of deteriorating revenues in the wake of the credit crisis.