Derivs - People and Markets

Nomura has named Samir Bhandari as sole head of fixed-income institutional sales in the Asia Pacific, a position he formerly shared with George Sun, who announced his departure earlier this month.

Renaissance Capital has named Gerhard Engelbrecht and Nothando Ndebele as co-heads of the newly merged South African and Sub-Sahara Africa research teams.

Roger Naylor, head of global equity derivatives at Deutsche Bank in London, has resigned. The departure is reportedly not linked to the cuts being made by Deutsche Bank in its equities division reported this week, say observers.

ANZ has named Jimmy Choi as head of debt capital markets for Asia.

Barclays has hired Nigel Chalk as head of emerging Asia market research.

HSBC has appointed Matias Santa Cruz head of Brazilian equity capital markets.

Goldman Sachs has appointed Mark Schwartz to succeed Mike Evans has head of investment banking for the Asia-Pacific.

The London Stock Exchange has made a number of major management changes, including the hiring of David Warren from Nasdaq OMX as cfo and Alexander Justham from the U.K.’s Financial Services Authority as head of regulatory and government affairs policies.

The EUR100 billion (USD125.4 billion) bailout of Spanish banks with loans from the European Stability Mechanism is not expected to trigger a subordination credit event causing a payout of credit default swaps referencing Spanish sovereign debt.

The volume of fx derivatives contracts on India exchanges dropped 11% between March and May from a year earlier, despite volatility of the rupee.

The Association of Thai Securities Companies has ordered broker-dealers to post on their Web sites daily trading activities as a move to promote transparency and disclosure as it aims for self-regulation.

Barclays has named Akhiro Kanaya as managing director and head of its financial institutions group in Japan.