Derivs - People and Markets

Bank of America Merrill Lynch has hired Jonathan Yip as a director in its China debt origination business with a focus on investment-grade and high-yield debt in the country.

Amundi has launched the Amundi Funds Bond Emerging Inflation Fund.

RBC Capital Markets has expanded its U.S. investment banking group with the hiring of Eric Jacobs and James Patrick Heidbreder as managing directors for mergers & acquisitions and healthcare, respectively.

Goldman Sachs is said to have named Francois-Xavier de Mallmann to the new position of head of investment banking for Europe, the Middle East and Africa.

BNP Paribas Corporate and Investment Banking has hired Fred Fiddle to head its strategic equity and convertible origination business in the Americas.

HSBC has hired Hussein Dbouk as head of sovereign credit default swap trading in London.

HSBC has launched three retail structured equity-linked investment programs in Hong Kong: a vanilla bull ELI program linked to single securities, a daily cash dividend callable ELI program linked to baskets of securities and a DCDC ELI program linked to single securities.

The Federal Reserve Board, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission indicated in a report that they would work more closely together in supervising clearinghouses.

Synthetic exchange traded funds do not pose a risk to global financial stability nor do they present “any meaningful risks” to ETF investors, according to Bank of America Merrill Lynch.

Morgan Stanley has jumped ahead of Goldman Sachs in both investment-banking and fixed-income trading for the first time.

Nomura has hired Lori Arndt as managing director and head of U.S. client strategy and corporate access in equities business.

Nomura has expanded its European financial institution group debt capital markets with the hiring of Claire Bussiere.