People
Denis Hughes to head New York Fed for rest of 2009
The board of governors of the US Federal Reserve System has chosen Denis Hughes to be chairman of the Federal Reserve Bank of New York for the remainder of 2009.
Tradition COO to retire
David Pinchin will retire from his position as chief operating officer (COO) for the Swiss brokerage Compagnie Financiere Tradition (CFT) from August 31.
RBS hires head of equity derivatives strategy
RBS Global Banking and Markets has appointed Stephen Einchcomb as head of equity derivatives strategy for Europe and the US.
New co-heads of global foreign exchange options at BoA
Christopher Bae and Thomas Gillie will join Bank of America as managing directors and co-heads of global foreign exchange options in October.
New head of local markets trading at RBS
Jason Richardson has been promoted to head of local markets trading across all asset classes at Royal Bank of Scotland (RBS).
MF Global expands fixed-income team
New York-based derivatives broker MF Global has boosted its fixed-income teams in the US and Europe with several new hires, hoping to benefit from the increase of debt issuance in global markets.
Citadel hires derivatives portfolio manager
Thomas Vergnaud has joined Chicago-based hedge fund Citadel as a portfolio manager with responsibility for derivatives strategy.
New US rates and forex derivatives heads at SG
Peter Toolan and Anna Faustini have joined Société Générale's US interest rates and foreign exchange derivatives team for corporates.
New head of Asian equities trading at Citi
Joseph Chang has joined Citi Global Markets, the brokerage and securities arm of Citigroup, as head of Asian equities trading, excluding Australia and Japan.
UBS reinforces FICC division
UBS has hired 17 people for its fixed-income, currency and commodities (FICC) division, which has been a main contributor to the bank's losses in recent quarters.
New COO of Asia global finance and risk solutions at BarCap
Hans Fuchs has been promoted to the newly created position of chief operating officer for Barclays Capital's Asian global finance and risk solutions group.
Mustier leaves Société Générale after insider-trading investigation
Jean-Pierre Mustier, the former head of Société Générale Corporate and Investment Banking (SGCIB), has left the firm after the Autorité des Marchés Financiers (AMF) launched an investigation against him for insider trading.
Lockhart steps down from FHFA
Edward DeMarco has been appointed acting director of the Federal Housing Finance Agency (FHFA) in Washington, DC, taking over from James Lockhart, who announced his resignation yesterday.
New CEO for AIG
Robert Benmosche will join AIG as chief executive later this month.
Benoît de Vitry
Our 15th anniversary profile series continues as Roderick Bruce talks with Benoît de Vitry, head of commodities at Barclays Capital, about his memories of the past 15 years and thoughts on the future