Articles by Chiara Albanese
Central banks shy away from euro reserves
New data from the IMF’s currency reserves database suggests reserves accumulation has slowed during 2011 and the appetite to hold euro reserves has also waned, particularly on the part of emerging market central banks
Ferrini out of Commerzbank
Fabrizio Ferrini made redundant as Commerz relocates its Italy and Spain bank sales desks from London to Frankfurt
Loizou joins Anello Asset Management
Stavros Loizou joins from Lewis Charles Securities and will manage the Mantis Program, which will invest across equities, fixed income and G-10 currency pairs
Morgan Stanley multi-manager platform goes head-to-head with Deutsche and Citi
FX Gateway, launched this week, will leverage Morgan Stanley’s prime-brokerage and distribution capabilities and give institutional investors direct access to up to 20 currency managers
Eurodollar will continue to fall, claims Saxo
A three-month forecast that EUR/USD would fall to 1.35 puts Saxo at the top of this week’s rankings, but the Danish bank sees further euro depreciation ahead
Buy-side firms await regulatory clarity
Many buy-side firms are still holding back on introducing systems and processes for central clearing – but time might be running out
Madar promoted global head of corporate FX sales at Deutsche Bank
Fabio Madar takes global head of corporate FX sales role
Hamilton joins VTB in London
Philip Hamilton joins Russian bank from Goldman Sachs
Walsh joins Lloyds to sell to alpha-generating FX clients
Mike Walsh joins from RBS, where he was head of FX sales to hedge funds
Regulation will reshape FX liquidity, says Rule Financial
Uncertainty about regulatory changes could hurt liquidity in the first instance, but the advent of Sefs might cause trade volumes to rise, according to consultants
RBC to roll out cross-asset e-trading platform
RBC DX will replace incumbent platform and cover FX, fixed income, money markets and deposits, officials tell FX Week
BBVA gains FX salesman from HSBC
Steven McEvoy joins Spanish bank in institutional FX sales
Richard Elliott joins UBS from BAML
BAML’s former head of e-FX options will be based in London with UBS, reporting to Tony Hall
Crawford quits UniCredit in London
Italian bank loses its global head of FX, Nick Crawford
Citi appoints three regional e-sales heads
Selene Cheng, Rakesh Purohit and Eugenia Hanoune promoted to lead FX e-sales in Singapore, New York and London respectively
BAML wins with correct bearish euro call
Europe has a number of ‘mini land mines’ that could blow up, says strategist at the US bank
Spotlight on: Stewart Macbeth, DTCC
Following the selection of the Depository Trust & Clearing Corporation and Swift to develop a trade repository for the FX market, the DTCC’s general manager for the global repository business talks to Chiara Albanese about its preparations to launch the…
Safe-haven appetite for Scandi currencies wavers
Despite the rush into the Norwegian krone and Swedish kronor following Swiss National Bank intervention on September 6, FX traders and strategists are lukewarm about the Scandi currencies' capacity to become long-term safe havens
Taking stock of 2011: Technology
Upgrading forex trading systems to prepare for regulatory change or simply keep pace with competitors has been a key trend of 2011 for all participants. In the final part of a series of articles taking stock of the year so far, Miriam Siers and Chiara…
Kiel joins UBS Global Asset Management
Former global head of post-trade services at Thomson Reuters relocates from London to New York to take on the role
Finlay joins Credit Suisse in FX sales
Annabel Finlay joins from HSBC and will work in UK corporate sales, reporting to Simon Brunner
Sobey joins Santander in New York
Phil Sobey joins as executive director for institutional foreign exchange sales
BMO hires Santa-Maria and Brichkowski in New York
Steve Santa-Maria hired as managing director for institutional business, while Robert Brichkowski joins as MD for real-money FX sales
Russell joins Investec in London
Kiran Russell joins as senior salesperson in the corporate and institutional treasury team