Barclays
Oakley rejoins Nomura as head of flow FX
Stuart Oakley moves to the Japanese bank from Crédit Agricole
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
UBS wins go-ahead for €32bn Brexit swaps transfer
Part VII approval paves way for transfer of UBS's FX, rates and credit business to Frankfurt
Devereux and Hernandes take up FX roles at Barclays, London
The appointments come on the back of other senior hires in the UK bank’s global FX team
StanChart to pay $40 million for attempted FX manipulation
UK bank says it now has appropriate control framework in place
Gill to head Asia-Pacific G10 FX trading for Barclays, Singapore
UK bank’s second senior FX hire in as many months in the city-state
HSBC adds Cheesman to sales team
New York-based Jonathan Cheesman worked in FX sales at Goldman Sachs
Citadel Securities appoints Culek as new COO
Matthew Culek joined the market-maker six years ago
Lubman joins Morgan Stanley’s sales team
Colby Lubman was previously at Barclays
Barnfield to lead Asian FX at BNP Paribas
Graham Barnfield previously headed EMFX forwards and NDF trading at Barclays
FireApps: digitalisation of financial markets will accelerate
Banks are no longer just talking about digitalising their business; they have allocated hundreds of millions to it, says Wolfgang Koester
Malhotra returns to Barclays in Singapore
The e-FX specialist comes back to the UK bank after more than seven years at UBS
2018: mergers, name changes and having one’s day in court
Mergers and acquisitions were popular reads on FX Week in 2018, along with coverage of US FX-related court cases
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
Shterenberg to lead G10 and EM e-FX trading at Barclays
Based in New York, Alex Shterenberg joins the bank from BAML
Best Banks Awards: Barclays
Barclays has been voted the winner of the Best Bank for GBP/USD, Best Bank for EUR/GBP and Best Bank for FX in London categories at the 2018 FX Week Best Banks Awards
Sucden hires Gillies to head e-FX sales
Kirsty Gillies ran the e-FX sales team at UBS in London for eight years
BoE appoints Morzaria to chair sterling working group
Tushar begins his tenure at the start of 2019, replacing François Jourdain
Bogucki asks court to bar argument on fiduciary duty at trial
Judge will hear the matter later this month, ahead of February trial
European FX lawsuit may follow soon, says source
Institutional investors filed a lawsuit in NY against 16 banks on November 7, which could be followed by European complaint
FX Cartel traders found not guilty
“We all came to the conclusion that we didn’t think the prosecution had enough evidence,” a juror tells FX Week
Jurors begin deciding fate of FX Cartel
UK nationals face 10 years in prison if convicted of alleged price-rigging
Judge denies FX Cartel mistrial request
Judge Berman reserves making decision on defence’s motion for acquittal due to lack of evidence
‘You can’t game the fix,’ jurors hear in FX Cartel trial
Melvin says if the three traders wanted to game the fix, they couldn’t have chosen a worse time because the market is too liquid then