Articles by Chiara Albanese
Lawrie to retire from senior trading role at BNY Mellon
The trading head’s responsibilities will be shared between Jack Moss and John Riesmeyer
SocGen’s ex-FX trading head calls for apology over unfair dismissal
Didier Meyer, who along with Eric Leandri was cleared of allegations of unauthorised trading earlier this week, is disappointed by SG’s failure to apologise for unfair dismissal
ING restructures sales force in London
Michael Dryden, previously head of financial markets sales, has moved to a new role in the fixed-income team
Euro sentiment turns upbeat after Greek deal
Politicians and strategists are cautiously optimistic on the euro, despite the considerable challenges that might lie ahead
HSBC cautiously optimistic on euro recovery
Strategists at the UK bank went against the consensus in early January by predicting EUR/USD would rise to 1.31 in a month's time, landing the bank at the top of the one-month rankings
Spotlight on: Bernd Bröker, UniCredit
The Italian bank’s newly appointed deputy head of FX talks to Chiara Albanese about how he plans to integrate the bank’s many regional FX hubs into a more streamlined and globally effective franchise
Uralskaya joins SEB in Moscow
She was previously on the treasury FX sales desk at Citi
Revolving doors in FX strategy at Aussie banks
ANZ and NAB have both lost FX strategists, but ANZ has recruited Andrew Salter from the Reserve Bank of Australia
Afme liquidity conference: Costs of FX clearing will be punitive for all
The cost of implementing FX clearing and reporting services will be too high for more than a handful of top-tier banks to do it effectively, creating the possibility that demand might not be matched by supply, FX bankers warn
Afme liquidity conference: Buy side pushes for greater control of FX execution
Tools such as transaction cost analysis and execution management systems, traditionally deployed in trading equities, are becoming more important for buy-side FX traders, says Axa IM’s FX trading head
Strategists adjust processes to forecast politically driven currencies
Most FX market participants recognise the growing importance of politics in driving the direction of major currencies as a result of the eurozone crisis. But how do FX strategists digest the multitude of political statements and developments when making…
Growth of ruble spot market depends on settlement issues, say brokers
Average daily volume in the ruble spot market is estimated to be around $20 billion, but participants say it could grow by four times if institutions embrace real-time gross settlement and the ruble becomes a CLS currency
Banca IMI expands sales team in London
Italian bank recruits two salespeople to work across asset classes in London
French banks switch forex strategists
Lauren Rosborough joins SG CIB from Westpac, following the departure of Michael Sneyd for BNP Paribas
Mike Burton quits SG CIB
Departure of the bank's head of FX sales follows that of David Knott, who he reported to, earlier this month
Erroneous Swissie price on EBS sparks anger among traders
Foreign exchange traders express concern after an incorrect EUR/CHF price found its way from the EBS training environment onto the live market
FXall expands in Asia and New York
Indu Maheshwari joins from Thomson Reuters in Singapore, as FXall confirms the appointment of Susan Gammage in New York and a new chief human resources officer, Jody Tracey
Eurodollar could break 1.20 by the end of February, says Nomura
Japanese bank tops the one-month forecast rankings after accurately predicting the fall of the euro in mid-December
Offshore RMB remains a challenge for corporates
UK chancellor George Osborne is pushing hard for London to become the next financial centre for the trading of renminbi, but despite the blaze of publicity surrounding his visit to Asia this week, some corporates remain daunted by the new currency…
Boisson departs FX sales role at BNP Paribas
Francois Boisson is understood to be leaving the industry to focus on an entrepreneurial project
FX swap cost could rise from €279 to €2,779 under EU tax, warns Oliver Wyman
Research published today on behalf of the GFMA global FX division highlights the potentially punitive impact of the financial transaction tax on the FX industry
Mandell quits Standard Chartered
US institutional sales head has previously held senior FX roles at RBS and Bank of America
Icap targets Indian rupee fix on EBS by Q3
Investment in capabilities for currencies of Brazil, Russia, India and China is set as a top priority for 2012 by EBS senior management
Hildebrand scandal leaves Swissie expectations broadly unchanged
Swiss National Bank expected to hold EUR/CHF floor following governor's resignation, but an increase from 1.20 might now be delayed