O’Mahony Joins HSBC

John O’Mahony has joined HSBC as director, credit strategy, within the Corporate, Investment Banking and Markets business. He will lead the bank’s European credit strategy product, reporting to Frances Hutchinson, managing director, credit research. O’Mahony joins from UBS in London, where he was director, European credit strategist. He joined UBS in 1994 in operations risk […]
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Reuters Maintains Commitment to AVT Site

Contrary to reports elsewhere, Reuters’ software development site in Nottingham, UK, will remain open for the foreseeable future, according to a spokesperson. The site was originally the development centre for AVT, the online trading platform provider which was merged with Reuters at the beginning of the year. At that time the company made a commitment […]
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Special Conference Offer

The 17th European Finance Convention will be taking place in London from December 1-3 and features a range of speakers including Pedro Solbes, the EU Commissioner for Economic and Financial Affairs; Jurgen Stark from Deutsche Bundesbank; Makotu Utsumi, former Japanese vice minister of finance and president of the Japan Centre for International Finance; as well […]
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Fishlock Exits DrKW for Earthport

Alex Fishlock, formerly vice president of online markets development and foreign exchange technology at Dresdner Kleinwort Wasserstein (DrKW), has become chief technology officer of Earthport, an electronic payment services company. London-based, Fishlock will report to Rob Cunningham, chief executive officer, and will be responsible for development of the universal payment network business, the business development […]
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Andrew Back in the UK

Gordon Andrew, an FX trader, has returned to the Royal Bank of Scotland in London, having spent most of 2003 at the bank’s Sydney operation, sources say. Further details were not available by press time.
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Fleming and Kim Made EVPs at Merrill

Greg Fleming and Dow Kim have become executive vice presidents of Merrill Lynch, while continuing their current roles as presidents of the Global Markets and Investment Banking group (GMI). The pair became co-heads of GMI in the summer, following the retirement of former president Arshad Zakaria, and report directly to Stan O’Neal, chairman and CEO […]
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FXall Adds Prime Broker Participants

FXall has added Barclays Capital, BNP Paribas and Credit Suisse First Boston to its prime brokerage messaging service, which is due to go live in December. The three join ABN Amro, Bank of America, Credit Agricole Indosuez, Dresdner Kleinwort Wasserstein, HSBC, Lehman Brothers and the Royal Bank of Scotland who signed up to join the […]
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Three Banks Trial EBS PB

EBS Prime Broker has gone into live pilot with Deutsche Bank, JP Morgan and the Royal Bank of Scotland, prior to the full live date in Q1 2004. The first trade was completed on Monday, October 27 at 08:31 GMT. The system gives banks with limited counterparty credit the ability to trade on tighter spot […]
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CLS Launches Enhanced Fund FX Service

Continuous Linked Settlement (CLS) has begun its move into supporting the FX needs of the securities industry with the launch of the Enhanced Fund FX service, enabling custody banks and their trading partners to settle FX trades off the back of cross border custody deals. The system is currently going through final testing with five […]
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TriBoxx Added to iBoxx

The iBoxx CDS group has launched TriBoxx, a series of liquid and tradable CDO tranches based on the European iBoxx Diversified Index. ABN Amro, Barclays Capital, Citigroup, Deutsche Bank, Dresdner Kleinwort Wasserstein and SG Corporate and Investment Banking are to quote prices in unfunded (credit default swap) format using standardised documentation and tranching. Standard tranches […]
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