Bank of America
Curran departs hedge fund sales head role at Nomura
Cost-cutting measures at Nomura hit forex sales and structuring, claiming Louis Curran, Mark Stafford and Peter Larsson
Fusion AM pitches FX liquidity hedge to corporates
Options-based strategy was developed after a request from a large European exporter, and protects corporates from the liquidity risk arising from volatile currency moves
Mandell quits Standard Chartered
US institutional sales head has previously held senior FX roles at RBS and Bank of America
Antico departs BAML following recent promotion
Peter Antico has resigned from Bank of America Merrill Lynch, just months after his promotion to global head of G-10 currency trading was announced
Ex-BarCap Wise to join Credit Suisse
Danny Wise will start as global head of FX spot trading in August
Manwaring quits options role at HSBC
Departure in London comes a week after derivatives trader Howard Buckley resigned from HSBC
Ex-BAML DeLorenzo installed at SocGen
French bank hires FX trader as head of short-term interest rate trading
Trading Places, February 14, 2011
Read this week's Trading Places to catch up on people moves across the FX world.
Fourth-quarter results a mixed bag for US banks
US dealers reported widely differing results for the fourth quarter of 2010 as competition returned to the market.
Delelis finds a new home
Former head of spot and proprietary trading at Credit Suisse Alain Delelis has been hired by proprietary trading firm First New York Securities in New York (FX Week, March 22, 2010).
CBA hires in spot and trading in NY
Commonwealth Bank of Australia has made two new hires in sales and trading in New York.
BAML hires new Russia FICC sales head
Bank of America Merrill Lynch (BAML) has lured a former Goldman Sachs managing director to strengthen its fixed-income, currencies and commodities (FICC) team in London.
RBC rebuilds sales team, adds FX veteran Baune
Royal Bank of Canada is continuing to bolster its global sales force, with the hire of an industry veteran in London.
BAML hires Vamvakidis as new strategy head for Europe
Athanasios Vamvakidis has joined Bank of America Merrill Lynch (BAML) Global Research, London, as head of European G-10 foreign exchange strategy, reporting globally to David Woo, head of global rates and currencies research in New York.
HSBC wins Schaeffer from BAML in new US options role
HSBC has hired Burt Schaeffer as its North America and Latin America currency options trading chief.
BAML promotes Rolfe as London FX sales chief
Matthew Rolfe has been promoted to head of FX sales to UK corporates at Bank of America Merrill Lynch (BAML), following the resignation of Paul Hart earlier this month.
Gorra leaves RBS
Peter Gorra, head of G-11 foreign exchange spot trading for the Americas at Royal Bank of Scotland, has left the bank, according to market sources.
smartTrade launches LiquidityConnect for FX
Liquidity management software vendor smartTrade Technologies has launched LiquidityConnect for FX, it announced on November 2.
Deutsche takes the top spot for FX in Q3
ZURICH & FRANKFURT – Deutsche Bank has proved its FX credentials by being the only bank so far to report higher FX year-on-year revenues for the third quarter, despite lower volatility and tight spreads.
US forex hits sluggish patch
NEW YORK & BOSTON - All US banks reported weak forex revenues in the third quarter this year versus last year, as volatility and volumes dropped.
UBS unites FX and interest rates in new role
LONDON - UBS has appointed Philippe Balland as global head of interest rates and FX quantitative research, a newly created role that unifies interest rates and FX research portfolios.
Savi Asset Management launches in October
LONDON - Proprietary trading company Savi Trading (Savi) will launch a managed account service for FX and equity traders in October under the banner Savi Asset Management (SAM).
BAML continues restructure; evolves to meet regulations
NEW YORK - Bank of America Merrill Lynch (BAML) continues to reorganise its business post-merger and ahead of forthcoming regulations, resulting in management changes in FX and the launch of a futures and derivatives clearing service.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.