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  • Macquarie has hired Arthur van Dijk as a managing director in its equity capital markets team in Asia, effective Dec. 1.
  • MIrabaud Asset Management has hired Andrew Lake to create a high-yield fund. Lake formerly was head of high yield at Aviva Investors.
  • David Lake is leaving as head of equities derivatives and structured products sales at the Royal Bank of Scotland, along with Zak De Mariveles, a managing director in structured products.
  • The International Swaps and Derivatives Association has upgraded its online library of ISDA documents and definitional booklets.
  • The Royal Bank of Scotland is to begin downsizing in global equity derivatives and investor products as part of a reorganisation of the business, with cuts expected imminently in sales, trading and structuring.
  • David Gladstone, executive director and distressed debt and credit trader, and Kar Seng Yee, a credit trader at Morgan Stanley in Hong Kong, have left the firm.