Bank of England
BoE appoints Lord Grabiner to lead FX investigation
The Oversight Committee has appointed Lord Grabiner for investigation into whether BoE was involved in alleged market manipulation
Carney pledges to push BoE FX investigations all the way
Carney pledges to get to the bottom of allegations that BoE condoned market manipulation in FX markets
Bank of England informed of fixing concerns in 2006
Chief dealers' sub-group reveals concerns about acitivity surrounding FX benchmarks and the methodology of the 4pm fix
Bank of England suspends staff member in FX probe
The FX probe has taken its first central bank casualty today, as the Bank of England has suspended a staff member following an internal review
FSB announces review of FX benchmarks
FSB will present findings to G-20 Brisbane conference in November
Bank of England has no evidence it 'condoned' FX market manipulation
UK central bank says it has yet to see evidence of press allegations that it condoned market manipulation
Independent Scotland must cede some sovereignty to keep sterling
Bank of England governor Mark Carney warns of tough choices ahead for Scotland if it goes ahead with independence but looks to keep the pound
RMB convertibility will be catalyst to offshore trading, say bankers
Buy-side firms will remain reticent in using renminbi until it becomes a fully convertible currency, despite the progress that has been made in recent months
BoE's Carney: liquidity support for CCPs a 'last-resort option'
BoE governor insists clearing houses must have enough liquidity to cope with default of two big member firms
SEB hires spot trader in Asia
Commerzbank spot trader joins SEB in Singapore; other moves from RBS, BAML and Barclays
FX salesman heads back to Barclays
Barry John Madden has moved back to Barclays after a short stint at National Australia Bank; other moves at Markit, SEB and the Bank of England
New chief executive brings multi-asset focus to ECU
ECU Group offers clients access to its high-powered investment committee as it moves into the global macro advisory space
FX now a $5.3 trillion per day market, says BIS
The latest BIS triennial survey shows the UK has strengthened its grip on the FX market, while USD/JPY has seen a strong increase in trading activity
FX platforms encouraged to consider liquidity enhancing pricing models
A proposal made to the FX Joint Standing Committee in July 2012 for a per-order fee that is rebated in proportion to actual executed volume has garnered support among market participants
Yen volatility drives record turnover, central bank surveys reveal
Volume was up across forex products in the UK and US in April 2013, with just over $1 trillion traded daily in the US and more than $2.5 trillion in the UK
BTMU hires from Barclays in e-FX sales
Ericka Bratsiotis has joined Bank of Tokyo Mitsubishi UFJ; other staff changes at the Federal Reserve, Deutsche Bank and Goldman Sachs
Renminbi swap line expected to boost CNH liquidity
The recent agreement on a swap line between the UK and China will be a positive step for the nascent offshore renminbi market, although questions remain over how it will work
Trading places, June 24, 2013
New appointments at the Bank of England, the SEC and the Bank for International Settlements
Upward sterling view puts Gain Capital on top
The retail broker accurately forecast cable to strengthen from 1.53 to 1.57 during the course of late May and early June
BoE deputy Paul Tucker quits after 33 years
Deputy governor for financial stability will stay for Mark Carney's first few months as governor of the Bank of England, before leaving to spend a time in academia
France leads eurozone in Chinese renminbi payments
Aims to promote Paris as an international hub for the renminbi are paying off, as France sees a 249% increase in yuan-denominated transactions
Bank of England swap line expected to fuel RMB growth
The creation of a swap line with the People's Bank of China should lead to greater confidence in the offshore renminbi market, according to traders and strategists
Bank of England to establish RMB swap line
Ten months after the UK government launched an initiative to make London a centre for offshore renminbi business, the Bank of England has started much-anticipated discussions over a renminbi swap line
Volatility is here to stay in FX as the currency war engages
Currency markets have jolted back to life in recent weeks, largely driven by the change of government and monetary policy in Japan. With competitive devaluation of currencies clearly now in play, John Hardy believes the volatility is here to stay