Deutsche Bank
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
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
Kim joins Sucden to head Apac e-FX sales
The institutional foreign exchange and derivatives broker boosts its FX sales desk
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
Johnson sentenced to two years in prison
Johnson was taken to prison immediately after the hearing, but lawyers are preparing for appeal argument
Mark Yallop joins OpenFin
He is appointed as a non-executive board director
More than 100 participants commit to FX Global Code
Global Foreign Exchange Committee plans to launch Global Index of Registers before June meeting
Johnson's attorneys seek home confinement
US digs in heels over prison term; family and friends say former trader’s punishment began at his arrest
Fresh Libor claims may follow PAG appeal, but the clock is ticking
Potential consequences of PAG decision are far-reaching in scope and scale, says Simon Bushell at Signature Litigation
Deutsche Bank commits to FX Global Code
The latest top FX dealer to support the principles aimed at improving standards in currency markets
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
Goldman Sachs discloses max last look hold times in FX
Past behaviour may subject clients to a 200 millisecond hold period, as US bank tries to avoid losses
Vollaro joins BNY Mellon in FX sales
Frank Vollaro spent more than 16 years at HSBC
Hancox and Pena exit Morgan Stanley
Dudley Hancox and Andrew Pena were senior members of the bank’s FX sales team
Klausen joins Parabellum as head of sales
Soren Klausen will be based in London and head up sales for the boutique ECN and broker
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Deutsche Bank: FX Code and disclosure to dominate
Adherence to FX Global Code of Conduct will be a key focus
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
Finn joins Citi as global co-head of FX options
Rob Finn will share the position with Nathan Venkat Swami