Societe Generale
European Ficc earnings bounce back in Q1, FX subdued
Nearly all banks saw quarterly Ficc income rise in double digits on increased client activity
Alasdair Macdonald heads to ED&F Man
Newedge veteran will focus on sales for the Mena region
SocGen names Broquereau as head of global markets UK
Antoine Broquereau will add responsibilities to current role as global head of financial engineering for fixed income and currencies
Big banks reproach CCP risk panels as resentment surfaces
Emotions simmer as major banks insist committees listen harder to clearing members, in wake of green light for bitcoin futures
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
SocGen shakes up group management amid cost cuts
Grégoire replaces Drouet as global markets head, while Mazaud takes charge of €500m cost-cutting plan
Societe Generale gains two in institutional FX sales
Neel Mehta and Susan Henschel join New York office
Dewhurst to head FX and EM sales at SocGen
Alexandre Dewhurst joined the firm in 2009
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Mateus joins Societe Generale in Paris
Alexandre Mateus joins Societe Generale as G10 FX spot trader, based in Paris
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%
Haider set to exit BAML
Tariq Haider will leave his FX institutional sales role in London
Societe Generale adds BestX to TCA suite
The independent transaction cost analysis tool will complement the bank’s own TCA product for algo-executed trades
Hadingham promoted at Nomura
Clive Hadingham is now the head of FX sales for northern Europe, having joined the Japanese bank in January
McDermott to join SocGen as Americas FXPB head
Brian McDermott is set to join Societe Generale on April 23, after resigning from Traiana
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
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
Soren Haagensen joins smartTrade
He joins as a sales director for the Americas
Nudel joins Societe Generale in FX sales
French bank is understood to be building out its FX sales team
Third-quarter FX revenues slide further at banks
G10 foreign exchange continues its two-year decline amid low volatility
Deutsche settles FX rigging case for $190m
Credit Suisse now the only holdout defendant in the case that involves 16 major banks
Hadingham swaps Societe Generale for Nomura
SocGen's former co-head of real money sales for Northern Europe is set to join the Japanese bank next year