JP Morgan
SocGen hires two in trading
LONDON - Société Générale hired two new foreign exchange options traders in London last month, confirmed an internal source.
JP Morgan kicks off Q3 results round
NEW YORK - JP Morgan posted another year-on-year fall in third-quarter results from the fixed-income business, which includes foreign exchange, due to a drop in revenues from credit and rates.
Kemp named managing director at Afme FX division
The Association for Financial Markets in Europe (AFME) has named James Kemp as managing director of its recently formed global foreign exchange division.
SGX AsiaClear aims to be Asia's CCP for rates and FX swaps
SGX president Muthukrishnan Ramaswami says the new interbank OTC clearing service for Singapore and US dollar interest rate swaps will target Asian banks as a start, and soon global investment banks that trade with Asian counterparties. Asian local…
Isda members to qualify as swap dealers, says Gensler
All 209 primary members of the International Swaps and Derivatives Association could fall under the definition of swap dealer if they intend to do business in the US, according to Gary Gensler, chairman of the US Commodity Futures Trading Commission …
Triple hire for Macquarie Private Wealth Asia
Macquarie hires three senior executives to boost its private wealth operation in Asia
Wood-Collins chief at Record
LONDON - Record Currency Management has named James Wood-Collins as chief executive, taking over from Neil Record, who has been chairman and chief executive since the currency manager’s listing in 2007.
Morgan Stanley hires trading head in Asia
David Hong has joined Morgan Stanley as a managing director and head of FX and emerging markets trading for Asia, based in Hong Kong.
JP Morgan slashes commodities desks
Fate of other prop desks unclear ahead of enactment of Volcker Rule
Widmer out as Citi rolls in new e-commerce team
NEW YORK & ZURICH - Citi has established a new G-10 FX electronic commerce relationship management team, shortly after two senior FX managers resigned from the bank.
RBS hires in prime brokerage from BarCap
STAMFORD, CT - Royal Bank of Scotland is expanding the Americas coverage of its prime-brokerage business with the hire of Matthew Shuman to its fixed-income, currencies and commodities (FICC) prime brokerage team.
Citi appoints Asia ex-Japan strategy chief
Citigroup appointed Patrick Perret-Green as head of FX and local markets strategy for Asia, ex-Japan.
Morgan Stanley builds out structuring
Morgan Stanley has hired Stefano Diamantini from JP Morgan in London, in a bid to improve its FX structuring capabilities, according to market sources.
Thomson Reuters veteran to leave
Mark Redwood, president, sales and trading, in the markets division at Thomson Reuters in London, is due to leave by the end of the year, the company confirms.
Best at FX Bridge
ATLANTA, GEORGIA – Stephen Best joined FX Bridge Technologies as chief executive this month.
Trading Places, August 23, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Interview with Udi Sela of SuperDerivatives
FX Week's Farah Khalique asks Udi Sela about the impact of increased regulation on foreign exchange traders
Deutsche in sales build-up
LONDON - Deutsche Bank has boosted its sales coverage of corporate and institutional clients with eight hires in recent weeks.
Standard Chartered expands in FX
NEW YORK & SINGAPORE - Standard Chartered has reorganised its trading desks in New York and made a key hire in Singapore, the bank announced on August 11.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
BAML live on CLS/Traiana by October
NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.
Trading Places, August 9, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
HSBC in second senior trading hire
LONDON & HONG KONG – HSBC has announced another senior trading hire this week, this time in Hong Kong, confirmed a bank spokesperson.