Derivs - People and Markets
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Euroclear Finland has named Anso Thiré ceo and Hanna Vainio as deputy ceo.
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Bank of America is said to have named Adam Bernard as a director in its high-yield debt unit.
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Nomura Holdings has rolled out its first public structured product, with a mergers and acquisition theme, in Germany.
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A proposed ban on naked short selling by the European Union could create problems for small countries trying to fund their national debt, according to Bo Lundgren, head of Sweden’s National Debt Office.
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Markit has launched its Markit iTraxx SovX Latin America index, its latest addition to benchmarks tracking risk exposure in various regions.
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Société Générale has hired Josh Penner as director in equity derivatives sales in New York.
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Barclays Capital has lined up two staffers for its corporate risk solutions group, which pitches interest rate and fx derivatives to corporates hedge their balance sheets.
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Citigroup is set to hire Brennan Warble as head of equity sales trading in New York in a new role.
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Some emerging market regulators, including those in Malaysia and Indonesia, have called on major dealers to draft not only local-language versions of International Swaps and Derivatives Association Master Agreements, but simplified, plain language versions in the local language for smaller corporates.
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Christine Lagarde, the French finance minister, called for tougher regulation of commodity derivatives as a way of dealing with the volatility of commodities prices as a follow-up to stricter laws for financial derivatives.
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Gary Gensler chairman of the U.S. Commodity Futures Trading Commission, has urged European lawmakers to work together with the U.S. on financial reform, particularly in the over-the-counter derivatives market.
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Citigroup has expanded its financial institutions group in Hong Kong with the hiring of Brian McCullough.