Credit Suisse
DTCC adds two to the board
BNPP’s Claudine Gallagher and Virtu’s Joseph Molluso are the newest additions to the 20-member board of directors
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
FX lawsuits: the roundup
The number of cases related to conduct in foreign exchange markets has multiplied. Here is our handy guide to developments so far
Thomas to lead Morgan Stanley’s e-macro sales team
Matt Thomas was previously in Credit Suisse’s FX and rates electronic sales team at Credit Suisse
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
JP Morgan dominates G10 FX revenues for 2017 – survey
Coalition’s investment banking survey shows the US dealer garnering the highest revenues in the space; HSBC jumps to second place
Antitrust attorneys prepare to depose UK traders
Despite the court extending a partial stay on depositions until June 8, lawyers have been granted access to interview some UK-based people
Von Maydell launches crypto consultancy
Peter von Maydell leaves institutional broker Coex Partners to focus on cryptocurrencies
Antitrust claims deadline extended to May 16
Investors seeking to receive part of the $2bn-plus settlement have two more months to file a claim as the deadline is pushed back from March 22
European banks see Ficc revenues slip in 2017
In contrast to robust trading activity in 2016, Ficc trading fell across the board
Ullrich returns to State Street
David Ullrich will lead North American sales for FX Connect
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
Millennium to lose Lisa Scott-Smith
The co-head of portfolio investments and currency team manager at Millennium Global is set to leave in early March
Spiteri joins 360T
Lisa Spiteri started her new role on January 15, switching from Nex-owned EBS, where she worked for more than 13 years
LCH SwapAgent processes first cross-currency basis swap
It is the first non-cleared trade to be transacted as LCH STM, SwapAgent’s settlement-to-market legal and operational framework
Third-quarter FX revenues slide further at banks
G10 foreign exchange continues its two-year decline amid low volatility
Apostol swaps Credit Suisse for Olayan Group
Dmitri Apostol leaves Credit Suisse to become an investment manager at the Athens office
DFS hits Credit Suisse with $135m fine
Department of Financial Services issues consent order, listing FX misconduct and abuses that potentially affected customers for years
Robson joins Goldman Sachs in sales
He was formerly a vice-president in AES FX sales at Credit Suisse
Judge allows Rodgers’ ‘Russian name’ analysis into case
Judge does about-turn and allows Rodgers – whose $1,100 hourly fee riles prosecution – to enter his findings in court
Deutsche settles FX rigging case for $190m
Credit Suisse now the only holdout defendant in the case that involves 16 major banks
G10 FX revenues sink to lowest since 2006 – Coalition
Revenues in H1 2017 fell to their lowest level since Coalition launched its Investment Banking Index in 2006
O’Hara promoted to head of PB and clearing, Americas at SocGen
John O’Hara will retain FXPB and clearing responsibilities
StanChart hires Greiner for G10 trading
David Greiner recently worked at Nomura