Bank of America
Franklin Templeton and Citi top for FX options
Counterparty Radar: Data shows US bank as top dealer for mutual funds in Q3 and Q4, while Californian manager is biggest user
Vanguard extends forwards dominance as Citi dips
Counterparty Radar: Fund giant responsible for more than a third of total forwards volumes and half of EUR/USD in Q4
Citi extends lead in FX forwards, BNP Paribas climbs
Counterparty Radar: Total value of forwards positions jumps 11% after second-quarter dip
FX Markets Best Banks Awards 2020: The winners
Citi takes 12 categories, including best bank for FX; HSBC follows with six wins
SA-CCR proves a bitter pill for US banks to swallow
Dealers concerned new regime will punish some business lines with rise in risk-weighted assets
On dealer and currency choices, big US funds differ
Pimco, Vanguard and other fund giants account for up to 60% of forwards trades – but have very different hedging needs and dealer panels
Filings reveal biggest FX forwards dealers
Counterparty Radar: Group of four banks executed 47% of sector’s trades during second quarter
Morgan Stanley more than doubles Q4 Ficc revenues
All US banks see Ficc revenues improve substantially in Q4 versus a year ago
Johnson moves to Floating Point Group
Former FX trader worked in e-FX liquidity distribution at Tower Research Capital earlier in his career
Katz: 'I couldn’t compete with Aiyer'
Former trader said Akshay Aiyer had more resources and that he would sometimes quote the defendant’s prices
MUFG hires Paster in FX and derivatives risk management push
Paster’s newly created role aims to strengthen MUFG’s markets arm in Americas
Crédit Agricole nabs Chow as head of FX sales
Based in New York, Chow will focus on financial institutions in the Americas
Tenengauzer heads markets strategy at BNY Mellon, Derrick to retire
Daniel Tenengauzer will lead the bank’s Aerial View market commentary platform and strategy efforts for BNY Mellon Markets
Markets diverge on how far Fed will go
“There may be volatility in the markets later this week,” Fed-watcher says
Quant Lipton pans Facebook’s Libra
Former Bank of America exec sees more potential in rival projects, such as utility settlement coin
US banks see Ficc earnings drop in Q2 2019
Results subdued due to depressed volatility and low client activity
Tandon joins Barclays’ EM options team
Options expert joins from BofA Securities where he traded EM products
BNY snags Savage as head of FX sales in North America
Savage was previously CEO at CCTrack Solutions, a registered CTA that closed last year
HSBC takes Sean Statuto aboard
Statuto joins as a senior vice-president of FX sales
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
Bank of America names Su as co-Apac chief
Jin Su, co-head of Ficc for Asia-Pacific, is named alongside Jiro Seguchi as new co-presidents for the region
Britko joins FlexTrade
Lora Britko moves to the firm from State Street
Barclays gains Peto, but loses two in FX sales
Ben Peto joins sales team as director
Credit Suisse loses two in FX sales
The two served as directors in FX sales