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Citi's risk management goup to be trimmed
Some risk management roles will be lost as part of Citi’s streamlining announced this week.
Bertrand des Pallieres leaves Deutsche Bank
Bertrand des Pallieres, Deutsche Bank's co-head of structured credit, has left the bank.
Deutsche Bank hires vice-chairman of equity capital markets
Deutsche Bank Securities, the US investment banking and securities arm of Deutsche Bank, has appointed Jeff Rosichan vice-chairman of equity capital markets, effective from late June.
Lehman hires for fixed-income expansion in Italy
Lehman Brothers has appointed Corrado Giovanelli to the new position of head of interest-rate product distribution for Italy, in an expansion of its fixed-income operations in the country.
RBS appoints former Dresdner derivatives head
Matteo Mazzocchi, former global head of equity and credit derivatives at Dresdner Kleinwort, has moved to Royal Bank of Scotland (RBS).
Klein returns to Deutsche Asset Management
Frank Klein has joined Deutsche Asset Management (DeAM) as its global head of institutional product management and development. He will be based in Frankfurt and report to Roelfien Kuijpers, New York-based global head of institutional business.
Bear hires Sun to lead Asia structured finance team
George Sun has joined Bear Stearns as head of structured credit marketing, Asia, in Hong Kong. He started his new position in March.
Probitas Partners hires new principal
Adam Frieman has joined California-based liquidity and portfolio management services firm Probitas Partners as a principal.
ABN Amro makes loan appointments
Dutch bank ABN Amro has appointed three new staff to its loan syndicate, sales and trading team.
AXA IM appoints UK head
Paris-based Axa Investment Managers (Axa IM) has appointed Martin Hall as head of Axa IM UK, effective from June. He will be based in London and report to Nathalie Boullefort-Fulconis, global head of sales, marketing and client services at Axa IM.
FPP expands Ukrainian investment-management team
Fabien Pictet & Partners (FPP), a London-based fund-management company, has recruited Daniel Rutz to head its Ukrainian investment-management team.
RBS appoints credit derivatives structurer
The Royal Bank of Scotland (RBS) has hired Marc Freydefont as senior credit derivatives structurer.
ISE announces succession plan
The International Securities Exchange (ISE) has announced its senior management succession plans, following the news that David Krell, president and chief executive, will retire on January 1, 2008.
DBRS strengthens EMEA structured finance group
Toronto-based ratings agency DBRS has appointed Niclas Sandstrom to its structured finance quantitative group in London. His appointment continues the growth of DBRS’s Europe, Middle East and Africa (EMEA) team.
Dresdner Kleinwort makes forex hires
Dresdner Kleinwort, the investment banking arm of Dresdner Bank, has made a number of new additions to its foreign exchange team.