JP Morgan
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.
Trading Places, August 2, 2010
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Regulatory uncertainty hits US banks’ Q2 results
NEW YORK - Most US banks reported a slump in forex revenues in the second quarter this year versus last year, citing a drop in risk appetite and liquidity amid concerns over regulatory changes and the European debt crisis.
Trading Places, July 19, 2010
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CBA gains Plesser in senior sales hire
NEW YORK – Commonwealth Bank of Australia (CBA) has appointed Paul Plesser from HSBC as its new head of foreign exchange sales for the Americas in New York, confirmed a spokesperson.
Trading Places, July 12, 2010
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RBC hires new head of EMEA strategy
LONDON – RBC Capital Markets (RBC) has hired Robert Beange as a managing director and head of strategy for Europe, the Middle East and Africa (EMEA), it announced on June 28.
Trading Places, July 5, 2010
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Asia lukewarm to renminbi despite dollar-depeg
Importers and exporters that trade with onshore Chinese companies are having second thoughts about using the renminbi to settle their trades in place of the US dollar.
Credit Suisse continues Asia build
HONG KONG - Credit Suisse made a significant push to expand its presence in the foreign exchange market in the Asia-Pacific, with six sales hires in Japan, Singapore and Hong Kong.
Trading Places, June 28, 2010
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UBS hires former BarCap sales duo
LONDON – UBS has hired George Athanasopoulos and Richard Longmore in senior sales positions in London, according to internal sources.
Revolving doors in JP Morgan FX sales
LONDON – JP Morgan has hired an electronic foreign exchange salesperson but has lost three others in FX sales, according to market sources.
Commerzbank in e-FX build
Commerzbank is deepening its footprint in the electronic foreign exchange market with key appointments in London.
JP Morgan, Merrill Lynch fined for segregation and supervision failures
LONDON & HONG KONG – The UK Financial Services Authority (FSA) and the Hong Kong Securities and Futures Commission (SFC) have fined JP Morgan and Merrill Lynch, respectively, for accounting failures.
FX industry creates lobby group
BRUSSELS - The Association for Financial Markets in Europe (AFME) is establishing a representative group for foreign exchange participants, amid the threat of increased forex regulation.
Gaitame.com chooses Integral for liquidity aggregation
Tokyo-based retail trading company Gaitame.com has replaced its single-bank platform with a software-as-a-service liquidity aggregation system developed by Integral, to improve pricing and risk management.
Trading Places, June 7, 2010
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JP Morgan: Commodity currencies will rally
JP Morgan topped the one-month currency forecast rankings this week with a focus on differing policies.
Trading Places, May 31, 2010
Read this week's Trading Places to catch up on the latest people moves across the FX world.