Day: 20 October 2003

Merrill Brings Rates and FX Together

Merrill Lynch recently amalgamated its global FX and global rates departments under co-heads Michael deSa and Barry Wittlin, each previously head of the respective divisions. According to a spokesperson for the bank, the move is intended to capture the synergies that exist between the two groups. Day to day responsibilities for deSa and Wittlin remain […]

JPM TS Continues Hiring

JP Morgan Treasury Services (JPM TS) has made four new hires to its London operation. Tim Decker has joined as vice president, focusing on responses to changes in technology and standards. He will be a member of the global clearing product management team in EMEA, and joins from Citigroup, where he was business delivery manager […]

Fed Changes Top Strata

Timothy Geithner was last week named president and CEO of the Federal Reserve Bank of New York, expected to take effect mid-November, and has additionally been appointed to the Fed’s board of governors. Meanwhile, John Sexton has become chairman of the Fed’s board of directors, joined by Jerry Speyer as deputy chairman. Geithner is currently […]

Maltz Rejoins Brewer at Rubicon

Peter Maltz has joined Rubicon Asset Managers in London as an execution manager. He joins from Citigroup in London, where he was a director in trading and sales. He reports to Paul Brewer, chief executive officer and chief information officer. His career has also included roles with Barclays Capital and the former Salomon Brothers, where […]

White Joins Cantor

Oliver White has joined Cantor Fitzgerald, a spokesperson confirms. Based in New York as an FX broker in exotic currencies, White reports to Patrick Jelfs, London-based global head of FX options. He joins from Bank of Tokyo-Mitsubishi where he was an FX trader.

Mackay to Become HBOS CEO

Lindsay Mackay, currently head of treasury at HBOS Treasury Services, will succeed Gordon McQueen as chief executive when he retires at the end of the year. McQueen held a number of posts with HBOS’s antecedent Bank of Scotland during his 27 years with the bank, including head of international division, head of treasury, head of […]

Lehman Begins Migration from London’s City

Lehman Brothers has begun the process of moving to its new European corporate head office in London’s Canary Wharf. The bank will spend the next three months moving its entire London staff from Broadgate to purpose-built offices at 25 Bank Street. The bank has approximately 3,000 employees in London. After an initial shaky beginning in […]

More Market Makers on Tracx

Bear Stearns, Lehman Brothers and HSBC Bank USA are to become market makers in Tracx, a global suite of credit default swap index products initially developed by JP Morgan and Morgan Stanley.  The addition of the three brings the total number of market makers offering the suite to 11, alongside Barclays Capital, BNP Paribas, Credit […]

ABN Boosts Credit Research

ABN Amro is to produce a range of new products and services focused on value added trade ideas and advanced quantitative tools in an attempt to differentiate its credit market research. The bank says that its credit strategy offering will be provided by an enlarged global team which is now seven strong, following the addition […]