Articles by Laura Matthews
Modifications sought in Johnson's release
Attorneys still working to get Mark Johnson's wife as a signatory on the $1m bond agreed for his release in July
OCC suspends Johnson from markets
He pleaded not guilty to alleged felony charges in August, but OCC says the charges involve dishonesty and breach of trust
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
Lack of regulatory clarity on key issues hampers preparation
Despite booming business, technology vendors find clients struggle to say what they need to comply with coming rules
Berntsen replaces Rojas as Americas CEO at StanChart
As Rojas moves on, Berntsen will also head up corporate and institutional banking for the Americas
FastMatch hires Thomas as sales director
Firm pushes ahead with build out of its New York sales force
FastMatch partners TradAir
Trading venue will target institutional clicker traders to diversify liquidity and boost volumes
Australian authorities ban Deutsche FX trader for life
Andrew Donaldson tried to hide losses with false entries and inflated the bank's revenues by 28 million euros
INTL FCStone subsidiary upgrades payments platform
Global payments division launches Fix protocol for cross-border payments in exotic currencies
Perseus to speed up Chicago-Tokyo route
Connectivity firm to deliver round-trip latency below 120 milliseconds, which it says will be the fastest in the world, when improvements are completed in February
BTIG snatches Silver from Nomura
Silver is one of two senior hires the firm makes as it continues to expand its FICC team
Shay trades Virtu for Nasdaq
Shay was appointed senior vice president and global head of fixed income and commodities
FX markets not positioned for Fed hike
Investors are still sceptical of Fed action, and participants are looking at commodity currencies for better opportunities
Banks get partial reprieve in FX lawsuit but claims still stand
Non-settling banks in FX class action lawsuit eke out small victory after US district judge tosses out some allegations of manipulation
Synechron rolls out cloud-based blockchain applications
Among them is an accelerator for global payments that enables payment to banks in a single reserve, cutting both costs and the middlemen involved in these transactions
New York readies cyber rules for banks
A final version of the proposed regulation could be issued after a 45-day public comment period
Traiana's Hamilton heads to IHS Markit
As a managing director of business development, she is tasked with growing the firm's portfolio of FX products and services
360T partners Bellin to offer trade-confirmation service
A single access point where corporate treasuries and banks can automate the exchange and management of deal confirmations
Bloomberg targets Middle East for growth
Firm plans to make moves in Dubai and Saudi Arabia as it places greater focus on cross-asset solutions
Firms play waiting game amid ‘fickle’ FX markets
Informa's Tony Nyman says September remains a “live” meet for the Fed, but December could be the trigger month to raise rates
Grimeh shifts into fixed income at $30bn hedge fund
StanChart's regional head of financial markets, Americas, could give up roles at GFMA and the NY Fed's FXC soon, source says
Beeks launches self-service portal for buying connectivity
Beeks Marketplace allows institutional clients to find and purchase connectivity. The UK-based provider plans to add third-party products to its offering at later date
Fiat currencies stand firm against bitcoin
The cryptocurrency is a victim of its own success as strong demand pushes its price up, increasing speculative flows
Mo Grimeh to exit StanChart
The bank is dividing his role between three replacements