UBS
BAML hires Asia FX trader in London
Andrew Young started at Bank of America Merill Lynch this week, reporting to Gavin Cook
Perspectives on 2014: David Tait, Credit Suisse
By integrating FX, rates and commodities under a single umbrella, global macro products, Credit Suisse hopes to embed a radical change of culture that will cater more directly to the cross-asset needs of its clients, says business co-head David Tait
BNP Paribas hires senior FX trader from Commerz
Kevin Wilson joins the French bank in New York; other personnel changes at ACT Currency Partner and UBS Global Asset Management
UBS merges FX, rates and credit under new co-heads
George Athanasopoulos and Chris Murphy to head the new business, while Chris Vogelgesang leaves the role of co-head of FX and precious metals
FXSpotStream adds precious metals
Spot aggregation service adds precious metals, with prices streamed from liquidity providers through the same single connection
Swiss franc floor will remain in place, says UBS FX chief
George Athanasopoulos shares currency predictions for 2014, including an expectation the Swiss National Bank will maintain the 1.20 floor on EUR/CHF
US pension fund sues seven dealers over FX benchmark rigging
Massachusetts-based pension fund Haverhill Retirement System is suing seven FX dealers for manipulation of the WM/Reuters benchmark rates
ACT hires UBS's Meyer to run structured products venture
ACT Currency Partner continues its expansion with the launch of an FX structured products offering, managed by a veteran of UBS
FX benchmark probe gathers pace as chief dealers placed on leave
Senior spot traders at JP Morgan, Citi and Standard Chartered have all been placed on leave, while Barclays, Deutsche Bank and UBS confirm they are conducting internal reviews in connection with alleged manipulation of FX benchmarks
Banks eye new protocol to streamline platform connectivity
A working group backed by seven banks is looking to create an automated protocol to streamline the process by which clients connect to FX trading platforms
Swiss regulator investigates FX rate manipulation
Switzerland's Finma this morning announced it is investigating manipulation of exchange rates, while UBS is reported to have dismissed its spot-trading heads
UBS aims for full FX launch on Neo in Q1
Following the recent launch of the UBS Neo cross-asset platform, FX e-trading head Chris Purves talks to Miriam Siers about the bank’s electronic strategy, both on its own platform and other venues
BNP Paribas hires UBS sales veteran
Sally Francis has joined UBS as head of FX investor sales for Emea, based in London
Asia sales head exits UBS
Louis Curran has left UBS in Singapore after less than 18 months in the role
Credit Suisse global FX head Sandoz to leave
Todd Sandoz is to leave the Swiss bank after 17 years and will be replaced by David Tait, currently global head of FX trading
Barclays to add algo tools to Gator aggregator
Barclays will add new, less aggressive algos to Gator in the fourth quarter as it looks to make the product more accessible to real-money and corporate clients that prefer to trade with minimal market impact
UBS hires in emerging markets spot FX
Heinrich Putter, formerly of Credit Suisse, has joined UBS in Zurich
Dion hires strategic alliances head in Europe
New hires at Dion Global Solutions, Citi, UBS and TradeStation Prime Services
UBS hires FX quant head from State Street
Ciara O'Brien joins UBS to head electronic foreign exchange quantitative trading analytics
VTB Capital hires Tripathi to head FX derivatives
Experienced FX options trader, most recently at UBS in Singapore, has joined the Russian bank to run its FX derivatives business
UBS FX quant head moves to Citi
Mark Meredith departs UBS to co-head Citi's Autotrader platform in London
UBS makes senior appointment in FX prime brokerage
Andrew Rosoman started at UBS today, having joined from rival Credit Suisse
FX platform pricing needs a rethink, say banks
Greater transparency on fees at some new trading platforms is a welcome development, with banks calling on incumbent platforms to rethink their fixed costs, as well as the discounts they offer to incentivise volume
Gain GTX makes senior hire in London
UBS veteran Peter Cronin will join Gain Capital on Monday, reporting to Joe Wald, head of GTX in New York