Derivs - People and Markets

Russell Investments is planning to launch three high-yield dividend exchange-traded funds, while State Street will offer a fixed-income ETF and a Latin American fund.

Barclays Corporate has hired Kevin Murphy as director for finance and brokers, within its non-bank financial institutions in New York.

Credit Suisse said it has obtained a broker-dealer license in Chile as part of its strategy to expand its business in Latin America and emerging markets.

Meteor Asset Management has rolled out a pair of structured products, the six-year FTSE Income Deposit Plan 5 and the FTSE 5 Quarterly Kick-Out Plan 5.

The enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act in the summer of 2010 made an impact both in the U.S. and internationally. Dodd-Frank altered the landscape of the capital markets through an imposition of vast federal regulation.

Nomura is to hire Simon Wise, an equity derivatives trader at Credit Suisse in London, in a similar role also in London.

Daiwa Capital Markets has appointed Sriram Iyer as head of equity and Kartik Mehta to lead research for India.

LCH.Clearnet has hired Lisa Rosen as its first group head of compliance and public affairs.

Tullett Prebon has named Simon Underhill as head of options trading on its base-metals desk.

Royal Bank of Scotland may cut one-quarter, an estimated 5,000, of its 19,000-strong investment-banking staff as part of its effort to restructure itself as a retail bank.

Luc Francois has departed as head of equities derivatives at Morgan Stanley to pursue other opportunities.

U.S. regulators have missed 200 deadlines for proposed regulations under the Dodd-Frank Act—nearly 75% of the total—and met only 51, according to a report by the law firm DavisPolk.