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CME Group Europe boosts sales and marketing
Jeffry Kuijpers has joined CME Group Europe as associate director of sales and marketing for Europe, Middle East and Africa (EMEA).
Custard to lead UBS GAM's global investment solutions
UBS Global Asset Management (UBS GAM) has named Curt Custard as head of its global investment solutions division. Custard joins UBS GAM from Schroders, where he was global head of multi-asset solutions, a position he had held since 2004.
SG CIB adds to Middle East fixed-income team
Société Générale Corporate & Investment Banking (SG CIB) has made two appointments within its fixed income, currencies and commodities division to boost Middle Eastern sales coverage while further developing finance products for Islamic investors.
Tullett Prebon shakes up senior management
Interdealer broker Tullett Prebon has appointed Steph Duckworth as chief operating officer for the Americas, and Henry Ann as chief executive officer for Europe, Middle East and Africa (EMEA). Both appointments are effective from February 1, 2008.
Lehman appoints commodities head in Asia
Lehman Brothers has hired Arun Murthy as head of commodities trading for Asia.
Icap appoints McClumpha as Asia-Pacific deputy head
Interdealer broker Icap has named Don McClumpha deputy chief executive for the Asia-Pacific region, based in Singapore.
AXA IM names new fixed-income head
Theodora Zemek has joined AXA Investment Managers as global head of fixed income.
Merrill Lynch names new CFO
Nelson Chai has been appointed as Merrill Lynch's chief financial officer.
SG CIB promotes Mianné
Société Générale Corporate and Investment Bank has named Christophe Mianné head of its market activities, covering equity, derivatives, fixed income, currency and commodities.
RBS to subsume ABN Amro wholesale brand
Royal Bank of Scotland, which teamed up with Benelux bancassurer Fortis and Spain’s Santander to buy Dutch bank ABN Amro for €70 billion in October, will do away with the ABN Amro brand in the wholesale banking arena. The merged division will be run in…
Northern Rock’s CEO departs
Adam Applegarth, Northern Rock’s chief executive, has left the bank. He will be replaced by Andy Kuipers, subject to the UK Financial Services Authority’s approval.
Data security buck passed to CEOs, says study
Daily news headlines
Citi names Vikram Pandit as CEO
Citi has appointed Vikram Pandit as a replacement for its previous chief executive officer, Charles Prince, who stepped down in November after the bank faced writedowns of billions of dollars on its mortgage-backed securities business.
Another CDO head leaves Calyon
Edouard Bremond, previously global head of cash collateralised debt obligation (CDO) structuring, has left Calyon.
BGC hires head of fixed-income e-commerce
Andrew Stone has been appointed head of fixed-income products for e-commerce at London-based interdealer broker BGC.
Grosvenor CEO to step down after 20-year tenure
Jeremy Newsum, group chief executive at Grosvenor, has announced his resignation as of June 30, 2008.
Open outcry fading away as Nymex fends off rivals
New York Mercantile Exchange (Nymex) chairman Richard Schaeffer said today that 80% of the exchange’s business is now done electronically, as the open outcry trading floor becomes “less and less meaningful”. He also outlined ambitious plans for 2008, and…