Articles by Robert Mackenzie Smith
Forum supports board of approval to vet Russian nostro banks
Participants at the International Ruble Settlement Forum agree initiative needed to promote use of real-time settlement in Russia
CLS appoints five new board members
New directors at the industry settlement utility selected from a variety of senior advisory and operations roles at major banks
State Street appoints Conway to head new product group
State Street has reorganised its product offering, appointing Jeff Conway to head the newly created 'Global Exchange' group
Citi appoints new head of e-FX trading
Richard Bibbey relocates from Sydney to London with the bank to replace Simon Jones, who recently departed to take time out from the industry
Ice shelves plans to launch FX clearing
Ice pulls out of the OTC FX clearing race, citing regulatory delays in finalising rules for mandatory clearing of OTC FX products
Tradition launches ParFX, aims to topple EBS and Thomson Reuters
Bank-backed spot FX platform ParFX hopes to rival incumbent platforms EBS and Thomson Reuters
StanChart promotes Allington to global head of FX
Chris Allington becomes global head of FX at Standard Chartered in Singapore. Meanwhile, Neh Thaker joins as head of options and platforms
Citi aims to strengthen grip on corporates with platform upgrade
Latest version of CitiFX Pulse seeks to offer corporate clients better FX exposure management
CBA hires in European FX sales
Tim Asquith joins the Australian bank as it continues to expand its FX presence in London
SEB tops one-month table with contrarian yen view
Swedish bank goes against consensus with prediction for a weaker yen based on expectations of greater BoJ intervention
Citi loses global head of e-FX trading
Electronic trading head Simon Jones departs Citi to take time out from the market. The bank expects to announce a replacement shortly
RBS reshuffles FX senior management
Tim Carrington and Fabian Shey take joint responsibility for currencies and emerging markets. Meanwhile, Mark Barnes has left the bank
Credit Suisse loses global currencies trader in London
Senior FX trader Neilan Govender has left the Swiss bank for a role on the buy side
Lloyds hires global head of corporate FX solutions
Former Barclays sales head joins Lloyds to develop FX risk management offerings for corporate clients
Market questions FXCM's $210 million bid for Gain Capital
Market participants divided over how much value Gain Capital really holds for hostile bidder FXCM
Barclays' Steck joins TD Securities in New York
Tonia Steck, who recently departed from Barclays in New York, will join the Canadian bank in June
Reserve managers avoid Bric currencies despite increase in risk appetite
Central banks look to diversify reserves in search of higher yield, but still consider emerging market currencies too risky
Jefferies embarks on ambitious expansion in FX
Ben Welsh at Jefferies talks about the US investment firm's plans to build its FX offering
Spotlight on: Scott Wacker, JP Morgan
Scott Wacker, head of foreign exchange sales for Europe, the Middle East and Africa at JP Morgan, talks to Robert Mackenzie Smith about how he plans to keep his team evolving
Market complacency over Korean won ‘staggering’
Traders have been slow to react to heightened tensions between North and South Korea
Barclays loses three in FX sales
UK bank sees three departures from its sales team across the globe
Market divided over standardised approach to algo TCA
The difficulty of comparing transaction cost analysis results across algo products has led to calls for a standardised approach to TCA, but not all agree it is needed
CMC Markets spot-on with three-month Swissie forecast
An accurate forecast in USD/CHF has pushed CMC Markets to top spot in this week's three-month currency forecast rankings
Saxo Bank renews focus on e-FX technology after poor 2012 results
Saxo's profits nose-dived last year, due to poor market conditions and a loss of focus. But the retail provider believes the changes it has made have given the business renewed direction