Lehman Brothers
Ivan Ritossa to leave Barclays
Barclays' global head of FX of more than 10 years will leave the bank at the end of this year as part of a major reorganisation unveiled today
Stressed VAR will hit FX options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
Nomura appoints new global head of FX
Jai Rajpal, formerly head of fixed income for Asia ex-Japan, is promoted to head of foreign exchange at Nomura, reporting to Steve Ashley
Morgan Stanley poaches trading head from Citi
Citi's co-head of FX auto trading has left the bank to join Morgan Stanley
Morgan Stanley hires FX sales head for Asia
Toru Tokoyoda joins Morgan Stanley in Hong Kong, having worked previously at Nomura, Lehman Brothers and Goldman Sachs
Tail risk cheap, but few takers
Market dislocation has created attractive tail risk hedging opportunities, but demand is failing to take off, writes Joti Mangat
Hassan departs RBS corporate desk
William Hassan, head of UK large-cap corporate FX sales at RBS, has left the bank
FX sales veteran moves to recruitment
Mike Burton, SG CIB's former head of FX sales, has joined ex-colleague Canice Hogan at recruitment firm Shadowhound
FX sales head departs Credit Suisse
Ben Shooter has left his role as head of sales for global currencies and emerging markets after less than six months in the role
Trading places, June 11, 2012
New appointments at LCH.Clearnet and Neonet as Barclays e-FX salesman heads for UBS
Spotlight on: James Watson, FXall
FXall’s newly appointed head of Europe, the Middle East and Africa talks to FX Week about his recent move from an equity sales role at Morgan Stanley into the FX market, and his aspirations for the platform’s European business
UBS beefs up FX sales team in Europe
The Swiss bank has made three appointments to its FX sales teams in London and Zurich
Slater and Holdcroft to join Bozian in CLS exit
Deputy chief executive officer Peter Slater has resigned from CLS, while both chief executive Alan Bozian and chief legal officer James Holdcroft will also leave the firm
Nomura names Ashley as global head of fixed income
Steve Ashley has been promoted to global head of fixed income at Nomura, with Georges Assi as his deputy
Chad Smith joins Faros Trading from RBS
Former bank sales head joined Faros on December 1 and reports to Brad Bechtel
Richard Gladwin quits Nomura
Japanese bank's global head of FX left last Friday
Ex-BarCap Wise to join Credit Suisse
Danny Wise will start as global head of FX spot trading in August
BarCap’s Iorio relocates to New York to head US distribution
Iorio replaces Gregg Chow, who will lead real-money FX
Spotlight on: Fabrizio Russo, Nomura
Nomura's head of FX sales for EMEA talks to Chiara Albanese about the challenges of growing the FX business after the Japanese bank acquired foreign exchange operations from Lehman Brothers in 2008
Nomura loses top FX spot dealer in New York
Heidt departs Japanese bank after two years
Nomura appoints corporate FX chief in London
Daniel Kinnear has joined Nomura as head of European corporate foreign exchange.
Spotlight on: Lee Sanders, Axa Investment Managers
Axa Investment Managers’ head of FX and fixed-income execution talks to Joel Clark about the firm’s increasing FX activities and the changing nature of the market
Morgan Stanley loses six in London and New York
Morgan Stanley has seen six departures in New York and London since the beginning of February, with all understood to be moving to hedge fund Brevan Howard.
Capital rules for CCP exposures could make clearing costs punitive, dealers conclude
Clearing of over-the-counter derivatives could become punitively expensive if a proposal by the Basel Committee on Banking Supervision to increase capital held against exposures to central counterparties (CCPs) is not watered down, according to dealers.