People
Rohner crowned UBS chief amid boardroom disagreement
Marcel Rohner, a former chief risk officer, has been made group chief executive of UBS, after the bank’s board rejected the planned accession of Peter Wuffli to the post of chairman.
Barclays Wealth hires India head
Barclays Wealth, the private banking unit of Barclays Bank, has hired Satya Narayan Bansal as its first head of private banking in Mumbai.
Lloyds TSB makes institutional derivatives sales hires
Lloyds TSB has recruited Peter McGloughlin and Ian Shaw to its team selling derivatives to financial institutions.
Lloyds TSB appoints new leveraged syndications head
David Whiteley has been hired to manage Lloyds TSB’s newly formed leveraged loan syndication team.
Taiwan Futures Exchange names new chairman
Andy Yeh today became the new chairman of Taiwan Futures Exchange (Taifex), replacing Rong-I Wu, who is now chairman of Taiwan Stock Exchange Corporation.
Derivative Fitch appoints global CDO risk modelling head
Damiano Brigo has been hired by London and New York-based rating agency Derivative Fitch, as head of global collateralised debt obligation (CDO) risk modelling.
Bear Energy launches in Europe
US investment bank Bear Stearns International has launched its European energy business with the appointment of Etienne Amic as head of Bear Energy in Europe. The European venture will offer structured origination and financial products, including…
Danske Bank team quits to launch derivatives boutique
Four senior derivatives specialists at Danske Bank have left to found an equity-focused derivatives boutique, Arctic Securities, in Oslo.
Bear shores up asset-management arm with new chief
Jeffrey Lane has taken over as head of Bear Stearns’ asset management division, in order to restore investor confidence in its hedge fund business.
Deutsche nabs UBS' Leung to head ABS trading in Asia
Deutsche Bank has hired Michael Leung in Singapore for the newly created role of head of asset-backed securities (ABS) trading for Asia excluding Japan.
CAAM makes appointments in Italy
Crédit Agricole Asset Management (CAAM) has made appointments to its Italian subsidiary, CAAM SGR, to target both the retail market and the institutional investors market.
When speed is of the essence: working the short sell in Asia
Speed is critical when going short in Asia's emerging markets, says Lionhart's Jason Kennard. Success means knowing the market and your customers, and having 24-hour access to a trading platform that can adequately back up your strategies, he adds
The responsive alternative...
Barclays Capital's Michael Brian explains hedge funds' nimbleness does put pressure on prime brokers to respond in kind but, as is the case with all rapidly changing industries, the cream does still rise to the top
Vive la difference, says Credit Suisse
In an increasingly complex marketplace of prime broking houses, it's the small differences between brokers that are likely to make or break the client relationship, says Credit Suisse managing director Philip Vasan
Power through sharp focus
When choosing a prime broker, clients should conduct a thorough review of firms' core competencies to assess suitability, says Lehman's prime broking team