Structured products

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  HKEx consults market on renminbi futures

  02 Sep 2010 Structured products, Foreign exchange
  The operator of Hong Kong's stock and derivatives exchanges is consulting the market over the introduction of renminbi futures. The tools would greatly help companies hedge currency risk, and help spur more liquidity in the offshore market for the currency.

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  BoA-Merrill anoints equity retail sales chiefs

  31 Aug 2010 Structured products, Market move
  The US bank has internally appointed Arif Mansuri and Benjamin Tsai to replace the recently-departed Abhinav Gorawara in running equity structured solutions and third-party distribution.

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  BNY Mellon unveils new head of trading in Korea

  24 Aug 2010 Structured products, Foreign exchange, Market move
  The asset manager and securities servicing firm has hired K.H. Kang from Woori Securities as its new head of trading in Korea. He succeeds T.B. Song, who is set to retire from the firm after a transition period.

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  University gets first real-time trading laboratory

  23 Aug 2010 Structured products
  International derivatives exchange Eurex has announced plans to set up the world’s first real-time finance trading laboratory at the Chinese University of Hong Kong. It will give students insight into the growing area of algo trading.

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  UBS grabs BarCap's Siddiqi for FICC corporate coverage

  18 Aug 2010 Structured products, Bonds, Foreign exchange, Market move
  The Swiss investment bank continues its active expansion into fixed income, currencies and commodities with the appointment of the veteran banker from rival Barclays Capital. Siddiqi starts on September 20.

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  Macquarie hires Asia equity derivatives bankers

  16 Aug 2010 Stock & exchange, Structured products, Market move
  The Australian bank is aggressively expanding in equity derivatives, hiring six senior personnel to bulk out its capabilities. The additions follow the recent appointment of Todd Steinberg as global head of equity derivatives.

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  Japan’s derivatives market tipped to expand

  11 Aug 2010 Structured products, Broking
  The introduction of the Arrowhead trading platform and the planned consolidation of the country’s exchanges should make the country’s derivatives market more competitive against regional counterparts, according to brokerage firm Newedge Group.

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  RBS hires four BoA-Merrill bankers for equity derivatives

  28 Jul 2010 Structured products, Market move
  The Royal Bank of Scotland has hired four bankers from Bank of America-Merrill Lynch to boost its equity derivative and structured products business in Asia.

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  Nomura hires Asia head of corporate and risk sales

  23 Jul 2010 Structured products, Market move
  The Japanese bank has hired Eng Chien Chan from Credit Suisse into a new role heading corporate and risk solutions sales for Asia. He is the latest of several hires as Nomura rounds out its regional fixed income presence.

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  Citi names Andersson to head equity derivative sales

  19 Jul 2010 Stock & exchange, Structured products, Market move
  The US firm announced the appointment of Paul Andersson as head of pan-Asia equity derivative and convertible sales. It also promoted Nick Smith to become head of regional convertible bonds. Karina Vachani reports.

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  UBS hires co-heads of regional credit sales

  15 Jul 2010 Structured products, Bonds, Market move
  The Swiss firm has lured Justin Yang from Citi and Ben Jones from Goldman Sachs to become managing directors and co-heads of credit sales for Asia, asiamoney.com can reveal.

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  Daiwa underpins Asia ambitions with KBC acquisition

  05 Jul 2010 Structured products, Bonds, Broking
  The Japanese bank has acquired the global convertible bonds and Asian equity derivatives businesses of Belgium’s KBC Group. The acquisition underlines its desire to build a genuinely capable business in the region.

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  HKEx’s derivative hopes depend on renminbi reform

  05 Jul 2010 Stock & exchange, Structured products
  Hong Kong’s primary bourse wants to leverage on renminbi internationalisation to strengthen its derivatives business. But the currency needs to see many more changes before such hopes become realistic.

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  RBS hires head of credit structuring for Asia-Pacific

  02 Jul 2010 Structured products, Bonds, Market move
  Stefan Masuhr will started on July 1 and is expected to lead the expansion of the team.

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  BNY Mellon aims to bring crossing network to Asia

  01 Jul 2010 Structured products, Bonds
  The US-based firm plans to expand a recently-launched auction marketplace for fixed income securities across Asia in coming months. It argues the network will promote liquidity in credit instruments and ensure investor anonymity.

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  Lee joins Deutsche as Asia head of GMIP

  23 Jun 2010 Structured products, Market move
  Christopher Lee started today as Deutsche Bank’s head of global markets investment products and db-X platform. He was reportedly attracted by a wider remit, having been head of equity risk management products at UBS.

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  BarCap focuses on equity derivatives e-trading

  21 Jun 2010 Stock & exchange, Structured products, Broking
  UK investment bank Barclays Capital has launched its new COMET electronic trading platform in Asia in a bid to capture higher volumes of equity derivative and structured product trades and improve efficiency.

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  Daiwa hires Jimmy Kan for derivatives structuring

  08 Jun 2010 Structured products, Market move
  The Japanese investment bank has hired Jimmy Kan from Deutsche Bank to to run its global derivatives structuring business as part of a massive expansion plan. Nick Jacob reports.

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  European sovereign CDS offer good yields

  04 Jun 2010 Structured products, Bonds
  Investors can look at Eurozone sovereign credit default swaps for yields, especially as Asian spreads stay in narrow ranges.

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  Asia structured products demand on rise, says Highland

  04 Jun 2010 Structured products, Bonds, Asset management
  The fixed income investment firm says the recovery of the structured products market is inevitable and hopes to launch a securitisation fund later this year for Asian investors to meet rising demand in the region.

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  Credit Suisse seizes limelight for equity products

  26 May 2010 Structured products, Polls & awards
  The Swiss bank usurped its rival UBS to take the top sport for equity-linked structured products in our latest poll. A lot of credit for this must go to recent hires Min Park and Kenneth Pang, who Credit Suisse recruited from its competitor.

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  Consensus on derivatives reform emerging, says survey

  26 May 2010 Structured products, Cash management
  A report co-authored by BNY Mellon and the Tabb Group suggests that consensus is emerging on a global framework that will help to reduce risk through the use of central clearing, with regulators and market participants in alignment.

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  Structured products poll reveals banks to beat

  17 May 2010 Structured products, Polls & awards
  Citi, HSBC and Credit Suisse were the big winners in our annual Structured Products Poll. But with the US government keen to enact tough regulatory reform of the derivatives market, the entire structured products universe could be a very different place in the coming year. Richard Morrow reports.

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  Citi shines for interest rate structured products

  17 May 2010 Structured products, Polls & awards
  The US bank has beaten out its arch-rival HSBC to come first in both local currency and G3 interest rate products, a testament to the depth of its relationships with corporate and retail investors.

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  Citi comes first for FX structured products

  17 May 2010 Structured products, Foreign exchange, Polls & awards
  The US bank stood above its rivals for both local and G3 currency structured products for a 12 month period of marked volatility.

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  Commodity product investors turn to Citi

  17 May 2010 Structured products
  Amid a volatile time for capital markets, commodity prices are once again on the rise. Companies seeking to hedge their exposures and investors seeking return from commodity-linked products feel that Citi continues to do an excellent job meeting their needs.

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  HSBC stands tall for credit structured products

  17 May 2010 Structured products
  The UK-headquartered bank ranked first in this category for the first time in ASIAMONEY's Structured Products Poll. It says that its success is mostly a result of concentrating on broad structured credit advice to its clients.

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  Macquarie hires Steinberg to head global derivatives

  10 May 2010 Structured products
  The Australian investment bank has hired former BNP Paribas banker Todd Steinberg to head its global derivatives and delta-one business from New York, asiamoney.com can exclusively reveal. He replaces the retiring Greg Mackay.

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  Notionals fall for credit and equity derivatives

  25 Apr 2010 Stock & exchange, Structured products, Bonds, Loans
  The notional amount outstanding in credit and equity derivative contracts fell globally last year, although the value of interest rate instruments expanded, notes the ISDA. Investors remain cautious about equity derivatives.

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  Differentiation seen as top test for wealth managers

  19 Apr 2010 Stock & exchange, Structured products, Bonds, Foreign exchange, Asset management, Private banking
  Standing out from the competition and adapting to a changing regulatory environment are viewed as the most pressing challenges facing the wealth management industry today, finds a new survey by Barclays Capital.

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  Structured Products Poll 2010: results revealed

  09 Apr 2010 Structured products, Polls & awards
  Citi, HSBC and Credit Suisse impressed most for their structured products coverage over the past year, according to some of the region’s most senior finance and treasury officials. Asiamoney's poll this year received a total of 500 valid responses.

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  UBS says move to unite debt origination will pay off

  07 Apr 2010 Structured products, Investment banking, Bonds
  An integrated capital markets team can work, says UBS’ head of Asia DCM Guy Wylie after the firm brought its bonds, finance, ratings advisory and corporate derivatives businesses into a single platform.

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  SG adds to fixed income despite tougher times

  25 Mar 2010 Structured products, Foreign exchange
  The French bank will continue to expanding its regional fixed income operations, undeterred by lower trading volumes and narrowing margins for fixed income products, says its regional head of global markets.

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  Rivals look to lure UBS’s equity derivatives bankers

  24 Mar 2010 Structured products
  With vacancies abounding in equity derivatives, recruiters say that many banks are targeting UBS’s respected team. This follows this resignation of UBS’s Christopher Lee on March 22.

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  Investment head Kwok quits Credit Suisse

  12 Mar 2010 Structured products, Market move, Private banking
  Veteran banker Lionel Kwok resigned this week as head of investments for North Asia at Credit Suisse. Although his destination could not be confirmed, his resignation comes immediately after an internal reshuffle at the bank.

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  UBS captures FICC chief in Taiwan: sources

  09 Mar 2010 Structured products, Investment banking, Commodities, Bonds, Foreign exchange, Market move
  The Swiss bank is understood to have hired Frank Suen from Citi to be head of fixed income, currencies and commodities for Taiwan. It would be the second veteran Citi banker that UBS has hired in recent weeks.

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  Crédit Agricole promotes veteran

  01 Mar 2010 Structured products, Bonds, Market move
  The bank has named Laurent Baumgartner regional head of interest rate derivatives trading for Asia ex-Japan in what it describes as a well-deserved promotion, having been with the firm for 15 years.

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  Headhunters Poll 2010: full results revealed

  25 Feb 2010 M&A, Stock & exchange, Hedge funds, Private equity, Structured products, Investment banking, Bonds, Broking, Polls & awards, Private banking
  Asiamoney’s Headhunters Poll 2010 saw some familiar favourites interspersed with new faces rising to the top. We reveal the top recruiters of the past year as voted for by poll respondents, and consider the prospects for 2010.

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  Asia sees investment banks racing back to risk

  19 Feb 2010 Structured products, Investment banking
  Derivatives activity is heating up in the region again as yield becomes elusive. Dealers are re-building their teams and jockeying for position, but have they and their clients truly learned their lessons?

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  Daiwa, BoA-ML make senior equity derivatives hires

  04 Feb 2010 Structured products, Market move
  Underlining the race for talent, Daiwa has recruited Adam Cowperthwaite as its head of equity derivatives sales for Asia ex-Japan, while Rajesh Melwani is set to join BoA-ML as head of equity derivatives sales for Asia-Pacific.

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  Bankers see investor shift towards commodities

  27 Jan 2010 Stock & exchange, Structured products, Nations & economies, Commodities, Private banking
  Emerging market economies offered strong returns last year, but bankers are touting commodities as a potential trend for 2010. Given the likelihood of price volatility and seasonality, they expect investor education lies in store.

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  Demand for derivatives bankers hots up

  21 Jan 2010 Stock & exchange, Structured products, Market move
  After two years of sitting on the sidelines, structured products bankers are back in vogue, with institutions increasingly looking to bulk up. Smaller firms will need to get their skates on if they want to attract the top talent.

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  RBS hires head of Asia-Pacific retail structuring

  07 Jan 2010 Structured products, Market move
  The Royal Bank of Scotland has appointed Richard Harman to manage its regional teams selling structured products to retail investors. He joins from Citi, where he spent nine years based in Hong Kong and Tokyo.