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Carlos Tavares, chairman of Committee of European Securities Regulators, said he supports moving derivatives on to exchanges but questions how it would work in practice.
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BNP Paribas reportedly has hired Gerry Fowler as global head of equity derivatives strategy.
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Citigroup has named Patrick Perret-Green to the new position of head of fx and local-markets strategy for Asia ex-Japan.
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UBS has expanded its Asian prime brokerage with five new hires for its Hong Kong office.
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Scottish Widows Investment Partnership has appointed Andrew November as director of equities.
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The Association for Financial Markets in Europe suggested that governments may be able to reduce their funding costs by posting collateral on derivatives trades.
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The U.K.’s Financial Services Authority is looking at different ways of developing stricter bank trading rules to help curb proprietary activity at financial institutions.
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Société Générale has hired Joseph White as head of U.S. equity derivatives sales.
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UralSib Capital, the investment business of Russia’s UralSib Financial Corp., has named Maximilian Honigsmann as v.p. in its derivatives department.
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Credit Suisse has rehired Sanjeev Bajaj as head of fixed income in India.