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People Moves Monday: Investec, BMO Capital Markets and BNP Paribas AM

The TRADE

Originally joining the firm in 2007, he also previously served as a pan-European trader and as head of trading. Joe Wald, BMO Capital Markets’ managing director and co-head of electronic trading left the bank, departing after four years in his most recent role, according to an update on his social media.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. He joined Northern Trust in 2007 and has since worked in senior roles across portfolio management, client management and sales.

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Liberum head of execution strategy and sales trader depart for Investec to set up new low touch desk

The TRADE

Originally joining the firm in 2007, he also previously served as a pan-European trader and as head of trading. Investec had not responded to a request for comment at the time of publishing. Lowres joins Investec as head of electronic trading and execution strategy after almost 17 years with Liberum.

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Collateralized Debt Obligation (CDO)

Wall Street Mojo

read more that created cheap credit market infused liquidity, and freed up capital for lenders but ultimately collapsed because of a lack of comprehensive understanding of the systemic risk Systemic Risk Systemic risk is the probability or unquantified risk of an event that could trigger the downfall of an entire industry or an economy.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

Mifid: Coming in third is one of the most talked about regulations in Europe over the past two decades – the Markets in Financial Instruments Directive (Mifid), which was first implemented in 2007 across the EU to harmonise regulation for investment services and activities.

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The Big Interview: Laura-Jane Purnell

The TRADE

My career began in 2007, which nicely coincided with the start of the global financial crisis – certainly an interesting time to be a recent graduate and a very steep learning curve. Fast forward to the end of my studies, I applied for a position at a European investment bank. My rational was twofold.

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