Articles by Chiara Albanese
Corporate treasurers plan for euro break-up
The Association of Corporate Treasurers is advising its members to review their processes and contracts to make sure they are prepared for a euro breakup. Many are taking the association's advice, reports Chiara Albanese
Micex-RTS pushes ruble growth with FX swaps initiative
Participants push the growth of the Russian ruble, but frustrations remain over the slow adoption of real-time gross settlement
Danske wins with range-bound euro forecast
The Danish bank accurately forecast on March 23 that EUR/USD would remain at 1.32 in a month’s time – a view that proved entirely accurate
Overcrowded market for forex options platforms will lead to consolidation
With at least six new multibank options platforms now competing for market share, differentiation is crucial for participants, but some believe consolidation of platforms is also inevitable. Chiara Albanese reports
UniCredit hires senior trader in Hong Kong
Robert Ang joined UniCredit last week, reporting to Anke von der Recke, head of FX for Hong Kong
Deutsche hires Paul Houston in FXPB
Paul Houston, formerly global head of FX prime brokerage at Credit Suisse, is to join Deutsche Bank as European head of FXPB
SG CIB’s ex-head trader eyes the buy side
Richard Bailey is expected to join the buy side, having left his role as global head of FX trading at SG CIB last week
Spotlight on: Raymond Kamrath, Faros Trading
Faros Trading has made a number of senior appointments to its sales team in recent months as it eyes global expansion from its headquarters in Stamford, Connecticut. Chief executive Raymond Kamrath talks to Chiara Albanese about the growth of the firm…
Fears over regulation raised by treasurers at ACT conference
Corporate treasurers complain about the unintended consequences of the proposed financial transaction tax, as well as clearing rules for OTC derivatives and Basel III capital rules
Commerzbank hires quant to head new FX solutions team
Jessica James joins Commerzbank from Citi, reporting to Nick Crawford and Gerald Dannhaeuser
BlackRock hires Tabb’s McPartland
Kevin McPartland joined BlackRock earlier this month as a director
BNP Paribas divides up the role of its FX options chief
The French bank has split its FX options business into G-10 and emerging markets, following the departure of Simon Nursey
State Street back under spotlight as Connecticut attorney general investigates FX charges
US custodian bank in further pricing setback
FXall enters monthly volume contest with strong March results
Average daily volume on FXall in March was $90.4 billion, up 9% on March 2011
Frontier currencies gain traction with investors
FX strategists and currency managers report growing interest in frontier currencies such as the Kenyan shilling, Ugandan shilling and Nigerian naira
UK Lords committee takes on financial transaction tax
The model proposed by the European Commission for a financial transaction tax would not meet its objectives and the UK government should redouble its efforts to veto the proposal, says the House of Lords
BNP Paribas expands in prime brokerage
Matt Pinnock will join in May as head of prime brokerage services for Europe and Asia
Scotiabank lands at the top with 12-month Swissie bet
The Canadian bank's forecast of 0.91 for USD/CHF proves spot-on, landing it at the top of the 12-month rankings
Trade repositories consider connectivity options
With multiple trade repositories appearing in a number of asset classes, including foreign exchange, market participants are considering how competing repositories should collaborate to avoid data inconsistency. Chiara Albanese reports
Credit Suisse hires Lanzilotti in currency trading role
James Lanzilotti joins from UBS as head of US global currency trading
Young joins Lloyds as FX options trader
Russell Young joins UK bank from Royal Bank of Scotland in London
Senior EBS product managers depart Icap
Departures of Brian Andreyko and Chip Defilippo are understood to be part of a broader restructuring of the electronic broking business
JPM's Foster joins Nomura to head G-10 spot
Antony Foster joins the Japanese bank from JP Morgan
Weighing up the rupee
The growth of the Indian economy and the appreciation of the rupee in early 2012 have made the currency an attractive focus for forex investors, but strategists remain divided on the currency’s potential to rally further this year