Sector: Derivatives
Ixis pushes into fixed income
Ixis Corporate and Investment Bank’ s Hong Kong arm is currently bulking up its sales effort with several hires into fixed-income and equity derivatives and plans to expand into North and South-East Asia. Thierry Gunard, head of sales for Asia Pacific in Hong Kong, said the French group was moving “country by country” and already [...]
CDO pros hard to come by
With the market for collateralised debt obligations (CDOs) growing ever larger, recruiters report no let up in demand for CDO-structuring and marketing talent in Asia. “There’s just a huge shortage,” says one search consultant in Hong Kong. “It recently took me four months to find a vice president-level CDO structurer, and she only had eight [...]
Derivs structurers paid more in UK, Asia than US
A new salary survey highlights the meteoric increase in pay for people working on new derivative products. According to the survey of more than 2,500 people by recruitment firm Napier Scott, pay for derivatives structurers has risen 200% in the past five years, an increase that exceeds that for employees in all other market-related positions. [...]
RBS building in Japanese equity derivatives
Another week, and another bank is looking to expand in Asian equity derivatives. This time it’s Royal Bank of Scotland (RBS). Derivatives Week reports that the Scottish bank is setting up an equity derivatives team for the Japanese market. Three marketers and several back office staff from BNP Paribas in Tokyo have apparently been hired [...]
Derivatives structurers: appetite is massive
Are you a derivatives structurer? If the answer is yes, banks in Hong Kong and Singapore are eager to hire you – particularly if your forte happens to be structuring equity derivative products. Hong Kong recruiters say banks’ appetite for derivatives whiz kids is being stoked by soaring hedge fund investment, by Asian investors’ growing [...]
Asian derivatives: Standard Bank and Citigroup building up
Two new articles underline the strength of the market for Asian derivatives recruitment. According to Futures & Options Week, Citigroup is establishing a new futures trading team in Singapore. The bank is reported as saying the desk will be expanded in the coming months to meet growing demand from hedge clients. Separately, Derivatives Week reports [...]
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