Derivs - People and Markets

Executive search firm Broadreach Group has hired a fixed-income recruiter as it re-launches its global markets practice—targeting investment banks afresh after dealing primarily with hedge funds in the past two years.

Tomorrow the U.S. House of Representatives will debate its comprehensive financial reform package, which includes the reconciled over-the-counter derivatives bill.

BNP Paribas is marketing a one-year structured note linked to the price of West Texas Intermediate crude oil, offering the potential of a 12% return.

Foreign banks are requesting that warranties be written into their over-the-counter derivatives contracts with Chinese counterparties as a means of mitigating regulatory risk.

Albert Selius, the former head of insurance-linked securities trading at Swiss Re in New York, has landed at London hedge fund firm Securis Investment Partners as its first U.S. hire.

In one of the most predictable decisions in the history of film, Donald Trump was recently spotted filming a cameo for Wall Street 2: Money Never Sleeps.

RBC Capital Markets has hired Tim Collins, a managing director in equity derivatives sales from Société Générale, to head its synthetic equity desk, which the firm is expanding.

Axel Kilian, head of equity cash and derivatives sales at Nomura in London, has reportedly left the firm.

Royal Bank of Scotland has hired Stuart Currey as an equity derivatives structurer in Hong Kong, a new role.

The U.S. House Financial Services Committee and House Agriculture Committee have drafted a reconciled over-the-counter derivatives bill that they are planning to introduce as an amendment to the omnibus financial reform bill this week.

The International Swaps and Derivatives Association has hired Davis Polk & Wardwell to spearhead drafting of the upcoming 2010 Equity Derivatives Definitions.

Blythe Masters, global head of commodities at JPMorgan, made an innovative proposal at a U.S. congressional hearing on Wednesday that could change the terms of the derivatives reform debate.