Search results for

Turkey fighting inflation, unemployment up in Romania

Brazil, Aregentina and Venezuela plan $25 billion oil pipeline; Mexico invests in electricity, new banking regulator in Chile

Tony Venutolo, executive director in structured credit marketing at Morgan Stanley in London, has resigned from the firm. Reached on his cell, Venutolo confirmed he has taken a role at a rival firm, but declined to name his new employer. Market officials have connected him with a position in European structuring at Société Générale. Michelle Gather-Cole, spokeswoman for the French firm, declined comment. At Morgan Stanley, Venutolo reported to Jerome Anglade, managing director and head of structured credit marketing, who could not be reached.

FDI in China and India, record forex trading in Taiwan

Nikko Citigroup has recruited market veteran Tony Kay, head of credit derivatives trading at Bank of America in Tokyo, for a senior trading role according to market officials. Yoshito Matsuura, head of credit derivatives at Nikko in Tokyo, declined all comment. Kay was the talk of the credit market when he joined BofA from UBS, where he was the head of non-Japan Asia credit trading, for a compensation package in 2002 that set the bar for the region (DW, 8/19/02). A fluent Japanese speaker, Kay could not be reached by press time. Sal Amery, head of credit derivatives at Bank of America in Hong Kong, to whom Kay reported to, declined comment.

AIG Financial Products is setting up a cross-product derivatives desk in a planned office in Hong Kong and is bringing aboard Aditya Rana, executive director at Morgan Stanley in Hong Kong, to establish a CDO structuring effort for Asia. A senior official at Banque AIG confirmed the start of an operation across asset classes, but declined to further elaborate on the details. "We see a lot of potentials in Greater China," said the official. The firm has a long-running Japanese business, for which it launched a structured private placement desk in Tokyo by hiring a team from JPMorgan last year (DW, 4/8).

Polish investment funds, low demand for Hungarian T-bills

JPMorgan has signed up derivatives broker Kieran O'Connor to source illiquid assets for it financial institution derivatives marketing group in London. Reached at JPMorgan, O'Connor declined all comment, but credit officials familiar with the hire said he reports to Ian Wilson, co-head of northern Europe derivatives marketing, and focuses on the U.K. and Holland. Wilson was off the desk and could not be reached by press time. Before JPMorgan, O'Connor ran his own multi asset-class brokering business called Cortin Capital. He is the second recent addition to the desk following Raymond de Kuiper, who landed this month from Morgan Stanley (DW, 3/10). Sarah Oppler, spokeswoman in

Deutsche Bank has poached two derivative marketers from Citigroup to meet increased demand for business in the Nordic region. Harald Lofgren joins as director and Knut Kobberstad as v.p. in the Nordic debt capital markets and corporate coverage group in London.

Interest in bonds and stocks from the world's emerging markets has prompted unprecedented demand for the bankers who buy and sell them, forcing up wages.

Inflation down in Romania, Energy review in Ukraine

Bachelet's first 100 days, car production in Mexico