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Daiwa hires for fixed income e-trading business

Daiwa Capital Markets Logo

Daiwa Capital Markets has hired Philip Brewer as London-based Executive Director in its Fixed Income Division. He will be responsible for co-ordinating the firm’s e-commerce operations for Fixed Income products across e-trading platforms.



Money On Hook

JPMorgan to pay most in $1.8bn CDS settlement

JPMorgan is set to pay almost a third of a $1.86bn settlement to resolve accusations that a dozen big banks conspired to limit competition in the credit-default swaps market, according to people briefed on terms of the deal.

Morgan Stanley HQ

Morgan Stanley shuffles the pack

Morgan Stanley rewarded Ted Pick for taking the firm’s equity-trading business to the top spot globally and put Dan Simkowitz in charge of spurring growth in its investment-management unit.