Lehman Brothers
JP Morgan and Munich Re enter mortality bond market
JP Morgan has placed $100 million of extreme mortality bonds for reinsurer Munich Re, in the first foray into the mortality bond market for both firms.
Ex-quant replaces Nagioff as Lehman fixed-income chief
Andrew Morton has been named Lehman Brothers’ new global head of fixed income, following the announcement of Roger Nagioff’s departure on February 5. Nagioff became Lehman’s first global head to be posted outside the US in May 2007.
In-house System of the Year - Point, Lehman Brothers
Risk Awards 2008
Lost in the crowd
Liquidity risk
Lehman appoints commodities head in Asia
Lehman Brothers has hired Arun Murthy as head of commodities trading for Asia.
Lehman: potential for EM contagion overlooked
Credit market turmoil caused by bad US subprime mortgages could be transmitted to emerging market economies through domestic bank lending – a “vehicle for contagion that has been overlooked,” according to recent research by Lehman Brothers.
CDO shakeout puts spotlight on managers
Unsettled structured credit markets are causing investors to become more scrupulous in their collateralised debt obligation (CDO) manager choices, according to market participants.
Lehman Brothers signs up to Boat
Daily news headlines
Financials dominate CDS trading again
Credit default swap (CDS) trading activity in the US focused on the financial sector in October, according to a release by New York-based broker GFI Group.
Lehman appoints new heads of equity and debt capital markets
Lehman Brothers has appointed David Erickson as global head of equity capital markets and Christopher Winchenbaugh as global head of debt capital markets, both newly created positions.
Bear and Lehman among most active CDSs in September
Amid disappointing third-quarter results, credit default swaps (CDSs) referenced to Bear Stearns and Lehman Brothers ranked among the most active in CDS trading in the US in September, according to a monthly report by New York-based inter-dealer broker…
Lehman Brothers appoints carbon emissions head
Laurent Segalen has been hired as Lehman Brothers' global head of carbon emissions, responsible for structuring and origination.
Lehman launches quant forex strategies platform
Lehman Brothers has become the latest bank to offer clients access to various algorithmic foreign exchange trading strategies through its new Macro Quantitative Currency Strategies Platform (MarQCuS).
Lehman Brothers appoints global head of risk solutions
Jason Tilroe, head of the Europe-wide risk solutions group at Lehman Brothers, has been promoted to the newly created post of global head of risk solutions.
Bear shores up asset-management arm with new chief
Jeffrey Lane has taken over as head of Bear Stearns’ asset management division, in order to restore investor confidence in its hedge fund business.
Deutsche Bank Securities appoints rates trading head
Tom Hartnett is joining Deutsche Bank Securities as head of core rates trading within the bank’s global rates business.
CME plans debt index derivatives
The Chicago Mercantile Exchange (CME) will launch futures and options based on Lehman Brothers' index of US investment-grade debt later this year.
Lehman poaches Morgan Stanley CDO co-head
Dorothee Fuhrmann is joining Lehman Brothers in May as head of European collateralised debt obligation (CDO) and structured credit syndication.
Man Group to sell off brokerage business
London-based hedge fund and broker Man Group plans to sell its brokerage arm, Man Financial, later this year.
Lehman and Pioneer complete managed CPDO
Lehman Brothers, with Dublin-based asset manager Pioneer Investments, has closed its first managed constant proportion debt obligation (CPDO), called Ulisse Capital.
Lehman Brothers takes financial officer from Deutsche Bank
Andrew Wright, global chief financial officer for Deutsche Bank’s private client and asset management division, as well as regional CFO for continental Europe, is to move to Lehman Brothers.
Lehman buys 20% of DE Shaw
Lehman Brothers has purchased a 20% stake in DE Shaw group, a $29 billion New York-based hedge fund. The deal, which closed on March 12, involves an up-front payment and future performance-based payments.