HSBC
Cleared swaps grow 10 times faster than bilateral at HSBC
FX derivatives notionals rise $1.3 trillion (21%) to $7.6 trillion
HSBC adds Cheesman to sales team
New York-based Jonathan Cheesman worked in FX sales at Goldman Sachs
Johnson’s counsels press DoJ to clearly explain his crime
Lawyers plan to argue the US’s “ever-shifting” theories show prosecutors are unclear what crime he committed
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
Best Banks Awards: HSBC
HSBC comes third at the 2018 FX Week Best Banks Awards with three wins, including the Best Bank for Renminbi
JP Morgan triumphs at 2018 FX Week Best Banks Awards
US dealer keeps top place, after taking the crown from Citi in 2017
Societe Generale gains two in institutional FX sales
Neel Mehta and Susan Henschel join New York office
US attorney: all avenues exhausted for Scott’s extradition
UK Supreme Court denies appeal on behalf of US to consider overturning decision to let Stuart Scott stay in country
FX Week Asia Awards: the winners
The awards ceremony took place after the 14th annual FX Week Asia conference in Singapore
Hampton joins Cobalt as head of sales
Anoushka Hampton will move to London for new role, after spending two years with Traiana in New York
Bogucki seeks trial delay until Johnson review
US opposes motion, arguing a delay could erode witnesses’ memories of alleged misconduct
Johnson appeal supported by two amicus briefs
Criminalising legitimate pre-hedging when the dealer acts as principal will lead to rising costs and decreased liquidity
Scott wins extradition appeal
Stuart Scott wins extradition appeal as the October 2017 verdict is overturned
ACI to file amicus brief for Mark Johnson appeal
Traders’ association believes lower court decision could spook banks, hike costs for transacting fixings and hit liquidity
Fred Boillereau leaves HSBC, Badhwar moves up
HSBC separates FX & commodities from global markets corporate services, with replacement for Boillereau to be announced
Mark Johnson out on $1 million bail, pending appeal
Former HSBC trader can visit the UK after putting up more cash
Mark Johnson out of prison on bail
Former HSBC currency boss allowed out on bail while his appeal is pending
Mark Johnson’s attorneys point to Isda agreement in appeal
“How are FX traders supposed [to] know what trading constitutes wire fraud when the government cannot even answer that question?” attorneys ask
Four join CLS board
Bonamy, Brady, Lawrence and Stolte become directors
Obituary: Cian Burke, HSBC veteran
The head of HSBC's securities services passed away at the weekend in a tragic accident
HKEx appoints Laura Cha as chairman of board
Cha will be the first woman to lead the board of the Hong Kong Exchange
Johnson sentenced to two years in prison
Johnson was taken to prison immediately after the hearing, but lawyers are preparing for appeal argument
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
StanChart considers adding two members to FX team
It is understood the bank is looking at Haskins from HSBC and Tretola from Nomura