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KBC Financial Products has named Aaron Ford, an equity derivatives sales staffer, to the newly created position of head of equity derivatives sales and trading in the U.S.

Asian derivatives house KGI Securities, which established an equity derivatives desk late last year under the direction of two tier-one professionals, is preparing to bulk up its operation in the coming months.

KEB Commerz Investment Trust Management Co., with over KRW3 trillion (USD2.6 billion) in assets, is looking to employ over-the-counter options for its newly rolled-out absolute return fund.

Lloyds TSB Bank has hired James Hart to work as a structurer in its London-based securitization team.

Merrill Lynch in London has hired a slew of equity derivative staffers in the last three months, several of which will directly replace officials who jumped to Nomura last month (DW, 4/7, 27/7).

Philip Kearns, a fixed income derivatives trader at RBS Greenwich Capital Markets in Greenwich, Conn., has joined quantitative trading firm D.E. Shaw & Co. in New York.

Alliance & Leicester, the U.K. financial services group, entered a currency swap last week in which it paid Canadian dollars and received sterling.

RBS Greenwich Capital has reportedly nabbed Andrew Kresse, managing director and sales manager for credit derivatives and structured credit products, from Barclays Capital in New York.

TD Securities' attempt to build a structured credit franchise took a step back last week when Andrea Fabbri, head of sales, added his name to the growing list of departing sales staffers, as first reported on DW's Web site (www.derivativesweek.com) last Wednesday.

Benedikt von Butler, a broker at Evolution Markets, commenting on plans that could lead to an active European market in emissions derivatives.

Some of Europe?s best known companies, previously thought to be safe from leveraged buy-out attacks, have moved on to the radar screens of the world?s largest venture capital firms, EuroWeek has learnt.

TD Securities’ attempt to build a structured credit franchise took a step back last week when Andrea Fabbri, head of sales, added his name to the growing list of departing sales staffers.