Articles by Chiara Albanese
Euro crisis could cause full EU break-up, warns ex-BoE official
John Gieve, former deputy governor for financial stability at the Bank of England, warns of an "explosion" waiting to happen in the EU
Currency risk in Africa more perceived than real, says fund manager
Speaking at this week's African Investment Summit in London, Els Boerhof said diversification and a longer time horizon can reduce hedging costs
Ex-BNP Paribas Boisson starts up in real estate
Francois Boisson expects to begin fundraising for new startup venture in May
LTRO-based euro forecast pays off for Wells Fargo
The US bank predicted a very moderate fall in eurodollar by early March as a result of the second longer-term refinancing operation, landing it at the top of the one-month rankings
Spotlight on: Valérie Perez, Deutsche Bank
Deutsche’s head of foreign exchange distribution for France, Benelux and Switzerland talks to Chiara Albanese about the changing demands of the bank’s corporate clients in continental Europe
Esma: Identifiers key to repository success
Consistent reporting to multiple trade repositories under new OTC regulations will depend on the successful adoption of legal identifiers
FXall adds four directors to its board
Carolyn Christie, Kathleen Casey, Peter Tomozawa and James Fox have joined FXall’s board of directors, the firm announced yesterday
Spotlight on: Carl James, BNP Paribas Investment Partners
The head of fixed income and foreign exchange dealing talks to Chiara Albanese about the challenges for the buy side that arise from new regulation, as well as the potential value that can be gleaned from algorithmic execution and transaction cost…
Saxo turns in 6% income growth, despite tough Q4
Annual results for 2011 reveal a 4% fall in net profit, but Saxo claims that is due to a 12% increase in staff and admin costs to support expansion
European regulators undecided on initial margin rules for uncleared swaps
Counterparties will have to post variation margin on uncleared trades – but questions remain over which firms will have to post and collect initial margin
Banca IMI hires Citi’s Salcioli to head FX sales
Gianmarco Salcioli joins the Italian bank in Milan, having worked previously at Citi and Barclays Capital
Esma under pressure to opine on asset-class specifics in Emir
A public hearing on Emir draft technical standards earlier this week leaves market participants with ongoing concerns over asset-class specifics and implementation timeframe
Rule Financial expands to meet demand for expertise on regulation
The consultancy has made three key hires in London and New York, all with an investment banking background
Thomson Reuters predicted markets would test SNB and BoJ's resolve
Thomson Reuters – IFR Markets tops the 12-month forecast rankings after accurate expectations in early 2011 that the yen and the Swiss franc would appreciate
Commerz promotes Hamberger to head e-Fic sales
Stefan Hamberger is based in London and reports to Rainer Ernst
Commerzbank revamps e-commerce platform to include FX structuring
The German bank will migrate existing clients this month from Click&Trade FX onto its rebranded Commander platform
US dollar emerging from the woods, says SLJ Macro Partners
Weighing up the net effect of a negative outlook in the eurozone with positive growth signs in the US, Stephen Jen favours the US dollar
UK banks ramp up RMB resources in London
Both RBS and HSBC have made senior appointments to prepare for the growth of renminbi in London. The new business heads talk to Chiara Albanese about their priorities
SEB recruits Nordea trader
Ida Svensson will be based in Stockholm, trading the Norwegian krone
Barclays Wealth recruits UBS veteran to head FX
Julian Wantling will join the wealth management firm in London
FX markets driven excessively by 'headline noise', says Aviva’s currency chief
Volatility in foreign exchange markets has been driven increasingly by a desire to re-price on the back of every headline, says Pierre Lequeux, head of currency management at Aviva Investors
DealHub expands in London with two hires
Nick de Smith and Mark Marston join the vendor from Rab Capital and Thomson Reuters respectively
Repositories must capture network analysis, says financial stability expert
Financial network analysis can be used to help regulators digest and understand the ‘data tsunami’ in the foreign exchange market, according to Kimmo Soramäki
Commerzbank taps smartTrade for liquidity management
The new technology creates a single liquidity pool at Commerzbank, with internal matching engines, external routing and execution, as well as clearing, settlement and pricing functionality