Derivs - Equity

Domestic turnover of over-the-counter derivatives trades in South Korea ballooned in 2007, according to Financial Supervisory Service figures obtained by DW.

Antoine Lebacq has rejoined Merrill Lynch after just under a year with Morgan Stanley.

The merger of The Royal Bank of Scotland and ABN AMRO's Asian operations will see ABN's equity team forming the backbone of the new equity operation, according to officials familiar with the matter.

Credit Suisse in London has created two new roles, appointing Gael de Boissard and Simon Yates co-heads for global securities in the Europe, Middle East and Africa region.

Swings in equity volatility are forcing proprietary equity traders to try to unwind exotic positions and invest in plain vanilla instruments.

Callable equity accruals continue to sell well to private banking clients, according to some bankers, despite reports investors would be encouraged by market conditions to take more diverse structures, such as fund-linked plays.

National Savings and Investments, the U.K. government-backed savings provider, is marketing the 14th tranche of its Guaranteed Equity Bond.

FASB has amended an accounting standard to increase transparency and disclosure of U.S. entities' derivatives positions.

Hedge funds are starting to request dealers post collateral.

Credit Suisse has created two co-head positions to lead its global securities business.

Equity structurers in the U.S. have started making a bullish change to popular absolute return notes.

Sven Haefner, head of private investor products at ABN AMRO in London, has left the firm. Officials close to the matter said Haefner left about a fortnight ago.