Commerzbank
Dahinden, Mazzocchi, Silvotti leave RBS
Three senior structured credit bankers have left Royal Bank of Scotland (RBS) in London, not long after two of them joined the firm from Dresdner Kleinwort.
Dresdner derivatives head steps down
Marc Michallet, the London-based head of the financial solutions group for Europe at Dresdner Kleinwort, has left the bank.
Dresdner Kleinwort strengthens equity and credit derivatives teams
Dresdner Kleinwort, the investment arm of Dresdner Bank, has added new London-based staff to its equity and credit derivatives business.
Dresdner makes hires in rates flow trading
Dresdner Kleinwort has added a number of staff in rates flow trading, including a new head of interest rates flow trading.
RenCap takes Dresdner global debt capital markets head
Petri Kivinen, London-based global head of debt capital markets at Dresdner Kleinwort, will join emerging markets investment bank Renaissance Capital in September.
Dresdner's head of global finance quits
Garrett Curran, head of Dresdner Kleinwort’s global finance group, left the bank today.
Dresdner hires two new group heads
Dresdner Kleinwort has created a securitised finance and an investor solutions group, and appointed two new business heads to manage them.
Dresdner Kleinwort continues to hire in hedge fund drive
Roberto Morelli has joined Dresdner Kleinwort as head of hedge fund sales for equities into Europe, as part of a recruitment drive across asset classes aimed at attracting more hedge fund business.
Dresdner hires in Japan
Dresdner Kleinwort has appointed Joseph Kraft as head of capital markets for Japan, succeeding Jean-François Minier, chief executive of Asia-Pacific, who has been acting head since July 2006.
RBS appoints former Dresdner derivatives head
Matteo Mazzocchi, former global head of equity and credit derivatives at Dresdner Kleinwort, has moved to Royal Bank of Scotland (RBS).
Dresdner Kleinwort makes forex hires
Dresdner Kleinwort, the investment banking arm of Dresdner Bank, has made a number of new additions to its foreign exchange team.
US property slowdown could increase risk for CDOs
Decelerating house price inflation and competition among commercial mortgage lenders could hurt US structured credit products, according to a Dresdner Kleinwort report.
London-based UBS structurer departs
Jamil Ghalayini, London-based foreign exchange structurer at UBS, has left the bank.
Dresdner Kleinwort names new head of equity and credit derivatives
Mark Richardson has joined Dresdner Kleinwort in London as head of equity and credit derivatives.
Dresdner offers Ucits III-compliant volatility tracker funds
Dresdner Bank’s investment banking unit, Dresdner Kleinwort, and its private bank Kleinwort Benson, plan to launch two new equity volatility tracker funds in the next month. The funds will be listed via Dresdner Kleinwort’s Gresham defined funds platform…
Commerzbank names head of structured credit trading
Mehmet Artun has joined Commerzbank as head of structured credit trading.
Swiss Finance hires former DrKW duo
Independent brokerage Swiss Finance has made two senior additions to its London office. Jason de Clerk has been hired to run the forwards desk, while Sultan Lone joins the firm to run its institutional sales team.
Dresdner launches forex prime brokerage
German bank Dresdner Kleinwort Wasserstein (DrKW) has launched a foreign exchange prime brokerage business, completing its cross asset class prime brokerage offering.
RBC loses two commodity seniors to DrKW
Dresdner Kleinwort Wasserstein (DrKW) has hired two senior executives from Royal Bank of Canada (RBC) to join its commodities desk in London.
IIC launches euro iBoxx ABS index
Frankfurt-based International Index Company (IIC) has launched the iBoxx EUR ABS 50 index, which consists of the 50 largest and most liquid AAA-rated European floating rate asset-backed securities (ABS) and mortgage-backed securities (MBS). Each…
DrKW electronic drive sparks personnel moves
Dresdner Kleinwort Wasserstein (DrKW), the investment arm of Germany’s Dresdner Bank, plans to further separate its credit flow products and digital markets divisions as part of what it calls an effort to expand electronic trading across its business.
BaFin eases clearing house restrictions
BaFin, the German regulator, has removed a requirement for financial institutions to hold capital against transactions with swaps clearing counterparties – a rule that had threatened German banks' use of SwapClear.
GFI hires vom Scheidt from Commerzbank
Interdealer broker GFI has hired Kurt vom Scheidt as a foreign exchange product manager in its data and analytics group of in London as FX product manager. Vom Scheidt joins from Commerzbank in London, where he was global head of markets business…
CSFB buys more German NPLs
CSFB has bought a €300 million loan portfolio from the German mortgage bank Deutsche Genossenschafts-Hypothekenbank (DG HYP).