UBS
Lloyds TSB hires Yates
Lloyds TSB Corporate has hired Sara Yates as sector economist in London, the bank said today (August 25).
Best at FX Bridge
ATLANTA, GEORGIA – Stephen Best joined FX Bridge Technologies as chief executive this month.
Trading Places, August 23, 2010
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Trading Places, August 16, 2010
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Banks post sluggish first-half results
LONDON & ZURICH - UK banks followed regional peers by reporting a sharp year-on-year drop in first-half revenues from fixed-income and currencies businesses, which were marred by a falloff in volatility and a retreat from risk.
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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UBS nabs BarCap trio in e-FX
LONDON - UBS has hired an electronic algorithmic trading team from Barclays Capital (BarCap) in London, according to an internal announcement today (July 27).
Markets brace for stress tests
LONDON – The euro traded firmly ahead of the European bank stress test results last Friday (July 23), despite expectations several banks will fail. But analysts warned the common currency is still a risk asset.
Trading Places, July 19, 2010
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Trading Places, July 12, 2010
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BarCap loses two in vanilla options
LONDON – Barclays Capital (BarCap) has lost two from its vanilla options team in London, the UK bank confirmed.
Trading Places, July 5, 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.
BNPP carves out bigger sales team
LONDON & NEW YORK – BNP Paribas (BNPP) has expanded its sales team with a key hire in London and three new starters in New York.
Trading Places, June 21, 2010
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UBS: EUR/USD could fall below parity in a year
UBS topped the 12-month currency forecast rankings this week with a positive outlook for the US dollar. Geoffrey Kendrick, director in foreign exchange strategy at UBS in London, said he based his outlook on two factors: Federal Reserve rates and the…
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.
BarCap beefs up in the US, but loses in Europe
NEW YORK - Barclays Capital has boosted its sales coverage in the US with the hires of Mike Testa, Marlena Demenus, James White and David Weiss in New York and San Francisco.
UniCredit hires new head of FX cash
LONDON - UniCredit has hired Beat Nussbaumer as European head of FX cash. Based in London, he will start on May 17, reporting directly to Nick Crawford, global head of FX in London.
Downes steps down at Citi
LONDON & HONG KONG – Nick Downes, head of FX bank sales for Europe, Middle East and Africa at Citi in London, resigned last week, according to market sources. Meanwhile, in Hong Kong, Stephenni Xie is reported to have joined Citi in FX sales.
UBS FICC revenues up in Q1
ZURICH – UBS experienced improving data from its fixed income, currencies and commodities (FICC) business in the first quarter, largely benefiting from a turnaround in the credit business.
BarCap losses trickle on
LONDON & SINGAPORE - Barclays Capital (BarCap) has lost two more staff, following the mass exodus at the end of April.
Nomura wins three in global sales
LONDON & NEW YORK - Now the bonus rounds are over, the hunting season has begun. Nomura is reported to have hired sales staff from Barclays Capital in London and UBS in New York.