Top trading places of 2004
Loewy exits on a high note
Rob Loewy, head of FX at HSBC for 15 years, retired at the start of March as the bank announced its highest-ever dealing profits for foreign exchange. The bank installed Mike Powell, head of global markets and treasurer for Europe, as temporary head of FX until Andrew Brown was positioned as head of FX for Europe and the Middle East in April.
Merrill builds up FX business
April saw Morgan Stanley FX chief Stephen Kemp taking on the continued build-up of
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More on People
HSBC appoints Benihasim as global FX head
Hong Kong-based Benihasim replaces Richard Bibbey, who moved to London to run institutional sales
IMC appoints head of FX trading
Ex-UBS exotics head Ramon Puyane to join Dutch market-maker
Citi’s head of FX electronic platforms departs
Ala’a Saeed, who oversaw its single-dealer platform, leaves US bank
Deutsche adds three to FX sales team
German bank recruits institutional sales head in New York, along with hires in London and Paris
Nomura hires Leng for dual global FX trading roles
Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
Capitalab co-founder quits firm
David Bachelier leaves BGC-owned compression venture after seven years
Citi names Stuart Staley FX co-head
US bank’s Asia-Pacific markets head moves to London to work alongside Itay Tuchman
Wells Fargo adds Asia FX trading and sales heads
Weeli Goh joins from TD to head Asia FX trading; Yash Biswas moves from NatWest to run sales
