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Japanese firm plucks banker from UBS
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
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George Osborne, the U.K. Chancellor of the Exchequer, warned banks they could face potential breakup if they violate new regulations such as ring-fencing proprietary-trading and retail operations.
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OCC reported it saw an 8% increase in the total volume of contracts it cleared in January across all products to more than 365 million contracts from a year earlier.
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Zurich Bank is closing its Isle of Man-based structured-product unit, Zurich Bank International, to new business, but will continue to service existing customers.
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Michael Freilich, a former managing director in structured credit sales at Deutsche Bank in London, has joined StormHarbour Securities as a managing director, also in London.
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TriOptima, part of the ICAP Group, has launched a counterparty credit risk analytics service for over-the-counter derivatives.
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Investors are starting to buy longer-dated upside call spreads and other equity derivatives referencing the Nikkei as the rally in Japanese stocks continues.