Citi
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
More co-operation to come between banks and NBLPs
As liquidity providers increasingly split into the two extremes of risk appetite in both the bank and non-bank liquidity space
All trends play into Citi's hands, says Bindler, as bank crowned overall winner
Citi has been voted the overall winner at the 2016 FX Week Best Banks Awards, along with 10 additional accolades
R3 and Axoni conclude DLT trial for bonds
Proof-of-concept project explores uses for distributed ledger technology for bond issuance processes
Banks get partial reprieve in FX lawsuit but claims still stand
Non-settling banks in FX class action lawsuit eke out small victory after US district judge tosses out some allegations of manipulation
Citi's annual 'E for Education' campaign launches
The bank will donate $1 for every million of FX transacted; the initiative has raised $12 million in past years
Waters leaves transactional FX role at HSBC
Betsy Waters was head of transactional FX, Americas
Ficc revenues surge for US banks
The segment sees robust growth, with Morgan Stanley and JP Morgan the standout performers
FX employment tribunal cases mount up
Citi and JP Morgan face disputes unconnected with the benchmark scandal
US banks see sizeable Ficc revenue increases in Q1 2016
Quarter on quarter revenues were higher, but substantially down from those of Q1 2015
Ex-Citi trader wins unfair dismissal case
Carly McWilliams, dismissed in 2014 for alleged misconduct, has won her case against the US bank
Deutsche's head of global FX reportedly going on leave
Ahmet Arinc is reported to be on leave, 14 months into holding the top job in FX at German giant
Citi's Hamilton heads to FastMatch
Former vice-president of eFX at Citi takes up sales director role
Fintech could spur two million banking job cuts
US and European banks could cut up to 30% of their workforce in the next decade, suggests a report from Citi
JP Morgan tops Coalition investment banking survey
US bank also triumphs in fixed-income, currencies and commodities markets
Hoodless echoes claims that Citi knew of wrongdoing
Ex-trader repeats previous statements that senior managers encouraged information sharing
Stimpson wins compensation, but less than the maximum
Judge rules in favour of Perry Stimpson in unfair dismissal case against Citi
Citi's global head of spot FX resigns
Bibbey is the third departure this week from the firm
Hamilton leaves Citi
VP for e-FX sales has resigned after four years
Dalton leaves Citi
Head of FX algorithmic execution is understood to be moving to National Australia Bank
Latif set to join Citi in May from Goldman Sachs
Goldman's co-head of e-FX sales for Emea switches to Citi
Volatility and options push up FX revenues in 2015
Figures from the 12 largest investment banks show G10 FX up on 2014, while Ficc trading was down 9%
Former Citi trader points finger at bank execs at tribunal
Carly McWilliams tells London court the alleged offences were "encouraged, condoned, required and indeed rewarded" by management
Q4 Ficc revenues drop for US banks
Firms also experienced falling revenues last year, amid challenging conditions