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SEC's markets chief steps down
Erik Sirri, director of the division of trading and markets at the US Securities and Exchange Commission, will resign at the end of this month.
Equity income boosted with new fund from Insight
Insight Investment, the UK-based fund manager, has launched a new equity fund with a derivative overlay to boost returns. The Equity Income Booster Fund targets an annual yield of 8%, using a call option overlay to help achieve its return and reduce…
Geithner proposes systemic risk US super regulator
Editor's blog
Auditors focusing on operational risks; increasing risk management role
Daily news headlines
Top executives leave RBS Sempra
RBS Sempra Commodities has confirmed that president Frank Gallipoli and CEO David Messer have left the company.
Quinn Emanuel poaches Allen & Overy's Daniel Cunningham
Daniel Cunningham has been hired by the US arm of business litigation firm Quinn Emanuel Urquhart Oliver & Hedges.
Iosco releases recommendations for hedge fund supervision
Daily news headlines
Iosco joins call for offshore crackdown
The International Organisation of Securities Commissions (Iosco) has joined calls for new capital rules to enforce transparency on offshore financial centres.
European utility CEOs aim for carbon-neutral power by 2050
Sixty European electricity company CEOs have handed over a declaration to EU energy commissioner Andris Piebalgs in which they pledge to supply carbon-neutral power by 2050.
UBS names new Asia heads as Park and Pang depart
UBS has announced a series of appointments to the most senior roles in its equity derivatives business in Asia. The changes, which were announced this morning in Hong Kong coincide with the departure of Min Park, managing director, head of Equity Risk…
Kaplan and de Saint-Aignan join State Street board
Robert Kaplan, a former vice-chairman at Goldman Sachs, and Patrick de Saint-Aignan, ex-head of risk management at Morgan Stanley, have joined the board of State Street.
Deutsche Bank appoints four new board members
Deutsche Bank's management board doubled in size today with the appointment of four new executives, due to join the board on April 1.
Board reshuffle at UBS
Swiss bank UBS, which last week announced a Sfr20.9 billion ($18.03 billion) loss for 2008, plans to significantly restructure its 12-strong board of directors next month.
Four new nominees for Citi board
Citi's board of directors will undergo a reshuffle next month with five existing members stepping down to make way for four new independent candidates.
SG's deputy head to retire
Philippe Citerne, deputy chief executive of Société Générale, will retire at the end of next month.
G20 calls for stronger IMF
A strengthened and expanded International Monetary Fund (IMF) is at the heart of the plan to soften the recession and repair the global financial system announced by G20 members over the weekend.