Societe Generale
G10 FX revenues sink to lowest since 2006 – Coalition
Revenues in H1 2017 fell to their lowest level since Coalition launched its Investment Banking Index in 2006
SocGen appoints Dumas for institutional sales role
Florian Dumas joins Societe Generale from BNP Paribas in newly created Asia-Pacific role
O’Hara promoted to head of PB and clearing, Americas at SocGen
John O’Hara will retain FXPB and clearing responsibilities
Investors must sue outside US to recoup FX losses, urge lawyers
Lawyers say the extent of collusion is clear, following recent settlements by five banks
Petrov returns to Citi
Anguel Petrov was global head of EMFX options at Société Générale
CLS appoints nine new directors to its board
The appointments raise the number of members on the board of directors to 23
Coalition: JP Morgan still the top G10 FX investment bank in 2016
US bank maintains leadership position in Ficc space overall, with particularly strong showings in the Americas and Emea
SG appoints Tom Gillie as global head of FX options and spot G10 trading
He joins from Bank of America Merrill Lynch, where he was global head of FX trading and head of equity trading for Emea
R3 creates proof of concept for shared KYC service
Ten global banks work with R3 using distributed ledger to build concept for know-your-customer registry
Sterling set for a bumpy ride as Brexit uncertainty persists
Strategists say this could push the pound lower towards parity with the euro
Vogel opts for Societe Generale in London
He returns to options trading in the city after five years in Singapore
Banks get partial reprieve in FX lawsuit but claims still stand
Non-settling banks in FX class action lawsuit eke out small victory after US district judge tosses out some allegations of manipulation
China to create own version of FX code
A newly established Chinese FX Committee is working on creating a Chinese version of the Global Code of Conduct, for domestic and foreign banks operating in the onshore market
SocGen promotes O’Hara to global head of FXPB
John O'Hara's move comes shortly after joining the French bank
SocGen promotes Garnier as head of global markets Apac
He will take up the new role following the promotion of Frank Drouet as the group's head of global markets
Lawyers take FX fight to StanChart subsidiary
After a US judge says she lacks jurisdiction over the parent firm named in the class-action suit, lawyers reload for new target
JP Morgan tops Coalition investment banking survey
US bank also triumphs in fixed-income, currencies and commodities markets
Stephane Alex's job at risk at BofAML
Alex has worked at the US bank for 15 years, with a strong focus on FX sales for France, Belgium and Luxembourg
SocGen hires O'Hara as PB sales director
Formerly of Credit Suisse, John O'Hara will be responsible for promoting Societe Generale's FX prime brokerage offering to hedge funds and institutional investors
SocGen's Fetta joins Santander as global FX head
Based in London, Gian Luca Fetta will work towards delivering a global strategy that captures the entire FX flows within Santander
Blockchain partnership attracts another 13 banks
Initiative led by financial innovation company R3 seeks to bring distributed ledger technology to financial markets
First on-Sef NDF cleared by ForexClear
The LCH.Clearnet-owned platform clears the first on-Sef non-deliverable forward between Virtu and Societe Generale
LCH.Clearnet launches buy-side clearing of NDFs in Europe
Service copies the firm's US model
FCMs kick off NDF clearing despite delays
Even with further setbacks to mandatory NDF clearing in the UK and US, Societe Generale senses opportunities for clients to clear now