JD Supra

Commercial Division Dismisses Derivative Shareholder Suit for Failure to Provide New Allegations of Pre-Suit Demand in an Amended Complaint

In derivative shareholder actions, New York law requires a plaintiff-shareholder seeking to vindicate the rights of a corporation to plead, with particularity, either that before filing suit a request ...
Risk

Daiwa expands its derivatives division

Christophe Tezier, who was a former global head of fixed-income derivative quants at Bear Stearns, has become global head of quantitative research. Charles Day has been appointed global head of equity ...
JD Supra

Commercial Division Reiterates That Claims Based on Harm to All Members of LLC are Derivative

The issues related to the bringing of claims involving a cancelled LLC were addressed in the Commercial Division’s recent decision in Hopkins v. Ackerman. In November 2019, Justice Saliann Scarpulla ...
The Atlantic

Why Don't Banks Want Separate Derivatives Divisions?

Why are banks still complaining about having to spin off their derivatives desks if they don't have to? Last week, Sen. Blanche Lincoln (D-AR) clarified that her provision should be interpreted to ...
American Banker

Merrill Lynch Starts Division to Clear Derivatives

Bank of America Corp. said Thursday that its Merrill Lynch unit has started a division to handle customers' futures and derivatives trading. The division is being established as regulators in the ...
Aviation Today

Boeing Has a New ‘Commercial Derivative Aircraft’ Division

Boeing is reorganizing its defense segment by adding two new divisions and eliminating another to better align with its market strategy. The two new divisions, Commercial Derivative Aircraft and ...
WAVY-TV

Balfour Capital Group Launches New Derivatives Trading Division in Partnership with Boos Investments Sarl

HONG KONG, November 6, 2024 /EINPresswire.com/ -- Balfour Capital Group, in collaboration with Boos Investments Sarl, is thrilled to announce the establishment of its ...
Finextra

Sal. Oppenheim Grid-enables equity derivatives division with Platform

German private investment bank Sal. Oppenheim is to use Grid technology from Platform Computing to speed up pricing and risk calculation times at its equity derivatives trading division.
Nasdaq

Frankfurt steps up efforts to shift euro clearing from London

Deutsche Boerse's derivatives division stepped up efforts on Tuesday to attract a bigger slice of multi-trillion euro derivatives clearing from London to its base in Frankfurt ahead of anticipated ...
IBTimes UK

RBS Offloads Derivatives Division to BNP Paribas

UK government-backed Royal Bank of Scotland is selling some structured retail investor products and equity derivatives businesses to France's BNP Paribas for an undisclosed amount. The bank noted in ...
Risk

Daiwa expands its derivatives division

Christophe Tezier, who was a former global head of fixed-income derivative quants at Bear Stearns, has become global head of quantitative research. Charles Day has been appointed global head of equity ...