People
Del Missier becomes sole president of BarCap
Jerry del Missier has been appointed sole president of Barclays Capital, the investment banking arm of Barclays Bank. He remains based in London. The move comes after the resignation of Grant Kvalheim, his New York-based co-president.
Saxo Bank consolidates on financial products
Danish investment bank Saxo Bank has appointed Hugh Taggart as head of financial products.
HSBC bolsters Asian team
HSBC has appointed Gary Hung as managing director and head of intermediaries, north Asia in Wealth Management Sales, Global Markets.
Hunt leaves as State Street takes subprime charge
William Hunt, the president and chief executive of State Street Global Advisors (SSGA), has resigned, as the hedge fund’s Boston-based parent company announced it would take a $279 million pre-tax charge for costs stemming from US subprime mortgages.
UOB strengthens trading desk in Singapore
Singapore’s United Overseas Bank (UOB) has made several senior trading hires, including a new head of market-making and trading. Samuel Lin joined on December 3 from local rival OCBC Bank, where he was head of financial derivatives for group treasury.
Société Générale and Calyon launch new brokerage
Société Générale and Calyon have merged the brokerage activities of their respective subsidiaries, Fimat and Calyon Financial, and launched a new brokerage house called Newedge, based in Paris. The two banks will equally control Newedge and have…
Cool-headed and anything but distressed
David Walker met Mellon Global Alternative Investments' directors Derek Stewart and Scott MacDonald to find out how they coped last year and their plan for 2008
Single stock futures financing and the synthetic cash yield
Single Stock Futures
Staying cream of the crop
Domiciles
Taking the risk out of pension planning
David Walker spoke to Dawid Konotey-Ahulu and Robert Gardner, founders of Redington Partners, to find out how they aim to do just that ..
A prime time to invest
Choosing a prime broker can be a daunting task for any hedge fund manager. David Walker met Lehman Brothers' Gunner Burkhart for some tips on how to make the right decision and avoid the political pitfalls common in some investment banks
Employer beware!
Staffing
Fighting with firing
Staffing
The right moves
Staffing
A simpler way of life
Administration
Foster Smith
Foster Smith, head of US gas and power trading at JP Morgan, tells David Watkins his fast-track career path is par for the course in commodities
Emissions trading in New Zealand
The recent policy framework put forward for New Zealand's emissions trading scheme (ETS) make it the most ambitious and stringent scheme yet proposed worldwide, but concerns over implementation have sparked fierce debate, finds Roderick Bruce
Transmission possible?
US grid operators are hoping that a new stance on transmission planning will act as a hedge against an uncertain energy future. Yet such a strategy comes with its own challenges, writes Elisa Wood
Mercurial talents
Led by oil traders Marco Dunand and Daniel Jaeggi, Mercuria Energy Group's turnover has grown fivefold in only three years. Roderick Bruce talks to Dunand, Mercuria's head of global trading, about the company's rapid expansion and its plans for 2008 and…
The year ahead
From widespread house price falls and increases in foreclosures, to funding innovations and alterations in regulation, 2008 will be a year of unprecedented change and adjustment for mortgage banks. Mortgage Risk, together with a select panel of leading…