Derivs - People and Markets
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JP Morgan Private Bank has named Alex Keil as head of its fx and commodities team for Europe, the Middle East and Africa.
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\Prime broking veteran David Murphy is said to have resigned as co-head of stock lending, risk and index at Deutsche Bank in Hong Kong and is head for a new top prime broking job at Citibank.
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New York-based proprietary trading firm Eladian Partners has named Matt Simsic as a partner and head trader.
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The Australian Council of Financial Regulators is considering pushing for a rapid deployment of a domestic central counterparty despite industry calls to slow the pace of legislation due to inconsistencies in the nation’s close-out netting regulations, according to market officials close to developments in the country.
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Morgan Stanley has hired Sebastien Lafosse as a v.p. in structured solutions for Latin America based in New York. Lafosse joined a few weeks ago after leaving Société Générale.
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Dow Jones Indexes said its Dow Jones Golden Crossover U.S. Large-Cap Total Stock Market Index will gradually lower its equity allocation over the next five days from 100% to 25%.
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Banco Central do Brasil failed to sell any reverse fx swaps on the second day of an auction after finding buyers for 35% of the total on the first day.
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The U.K.’s Financial Services Authority is planning to issue warnings to consumers about risky investments, such as structured products, in the near future even before the European Union drafts its own regulations on the matter.
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Jefferies has named hired Christopher Burns as a managing director in its leveraged finance investment-banking group.
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Standard Chartered has named Jeremy Bollington a regional head of origination and client coverage for the Americas.
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Bank of America Merrill Lynch has appointed Catherine Cai and Bing Wang as co-heads of investment banking for China.
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Citigroup has hired Gary Kuo as vice chairman of global banking for Asia.