Derivs - People and Markets

Credit Suisse said it plans to tap into the potential of equity derivatives and cash equities to help it reach a return-on-equity target of more than 15% for 2013.

Jefferies Group is said to have hired Alexander Yavorsky as a managing director in its financial institutions group.

Société Générale Corporate and Investment Banking has appointed Christophe Coutte and David Knott as co-global heads of flow fixed income and currencies.

Barclays Capital has tapped Josh Connor as head of global transportation investment banking.

Three of the four former members of Goldman Sachs' global macro proprietary trading team are headed to Brevan Howard Capital Management.

Bank of America Merrill Lynch has hired Craig Reynolds, ex-head of rates swaps trading at Goldman Sachs in New York, to head its North American rates trading operations, also out of New York.

Complaints from retail investors in the U.K. over structured products declined in the second half of 2010 from the previous half, according to the U.K. Financial Services Authority’s latest aggregate complaint statistics released today.

As E.U. leaders close in on a remedy for future sovereign crises, it’s not looking very good for buyers of protection on sovereign credits.

The International Swaps and Derivatives Association has outlined its views of the swap execution facilities and their role in the over-the-counter derivatives markets.

BNP Paribas has announced plans to expand its investment-banking operations in West Africa with a new office in Lagos, Nigeria.

Citigroup has launched its CitiFX Pro platform in the U.K. for traders who qualify as “professional clients.”

Samsung Securities International has named Anthony Hopson as head of equity syndicate in Hong Kong.