Citi
Nex Optimisation launches automated credit-rebalancing tool
Rebalancer, developed in partnership with Citi, enables dynamic allocation of credit across ECNs
‘Cartel’ three surrender as lawyers question efficacy of DoJ case
US DoJ presses on with Obama-era promises to prioritise prosecution of individuals and stop corporate wrongdoing
Petrov returns to Citi
Anguel Petrov was global head of EMFX options at Société Générale
Wilson is back at BofAML
Nick Wilson returns to trade options at the US bank after a decade
Atak to lead Citi's innovation lab in Dublin
Gulru Atak headed treasury and trade solutions at Citi Turkey
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
John Gaudino trades Barclays for Citi
He will be a G10 spot trader in New York
Good start for US banks’ Ficc revenues in 2017
Most US banks see higher fixed-income, commodities and currency revenues in Q1, on a quarterly and yearly basis
Ekblom moves to Singapore with Deutsche
Kristian Ekblom also switches G10 options for EM options
Coalition: JP Morgan still the top G10 FX investment bank in 2016
US bank maintains leadership position in Ficc space overall, with particularly strong showings in the Americas and Emea
HSBC snags Citi’s chief dealer in New York
Brent Donnelly had been Citi’s chief dealer since March 2014
Citi combines G10 and EMFX trading
The reorganisation follows the retirement of James Bindler, who previously headed the G10 FX business
Hedging strategies unchanged, despite turbulent markets – Citi
Corporate hedging strategies rarely differentiate between developed and emerging markets
Another Citi FX trader wins unfair dismissal suit
Employment tribunal rules in favour of Baris Ozkaptan
Bindler, Citi's global head of G10 FX, to retire
James began his career at Midland Bank in New York in 1982, before joining Citi in 1990
Citi axes second Asia-Pac clearing head in 18 months
Instability at the top, despite a market-leading franchise
MS and Citi agree to pay $6m in FX fines to SEC
The two firms allegedly failed to make adequate disclosures, leading to significant losses for investors
Ficc revenues rise for US banks in 2016
However, fourth-quarter earnings fall for most
Credit Suisse FX trading team: Yip out, Wang in
Both FX options traders are based in Singapore
Ex-Citi trader pleads guilty in price-fixing conspiracy
Between January 2007 and July 2013, Christopher Cummins, a former Citigroup trader in New York, conspired to suppress and eliminate competition in Ceemea currencies
US indicts three in FX probe
Justice Department says the accused UK-based traders face a maximum of 10 years in prison and $1 million in fines
FX weighs on banks' trading revenues in Q3 2016
OCC report finds a fall in FX and interest rates lowered banks' trading revenues, but they still performed better than in 2015
Ex-Barclays trader pleads guilty in price-fixing conspiracy
Jason Katz, a former EMFX trader at Barclays and BNP Paribas, pleads guilty in New York
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models