People
TD Securities sets up London options desk
LONDON -- Toronto Dominion Securities has bucked a trend among Canadian banks by setting up a European options trading desk in London. The bank completed a restructure of its FX options business to focus on European clients from the City, said Cliff…
Trading places
Commerz names head of options
Forex safe in Tullett sale
LONDON -- Inter-dealer broker Tullett’s global forex division will remain unscathed by equity broker Collins Stewart’s purchase of the firm, according to Collins’ chief executive in London Terry Smith.
BNP Paribas sets up sales desk in Zurich
ZURICH -- French bank BNP Paribas has set up a forex sales desk in Zurich with three staff from its offices in Paris and Basel.
Trading places
Commerz sheds again in sales
Bank One aims high
CHICAGO -- Bank One is set to hire 13 FX staff globally in the coming months in a bid to capture more top-tier corporate business, officials told FX Week .
Trading places
Tullett’s Brown retires
Amex expands in FX options
LONDON -- American Express Bank (Amex) has expanded its European FX options team with the hire of Albert Chang.
BIS announces hire of new chief
BASEL -- The Bank for International Settlements (BIS) last week named senior central banker Malcolm Knight as general manager.
Trading places
BarCap hires new FX sales head
Path to ECB presidency opens up for Trichet
PARIS -- Bank of France governor Jean-Claude Trichet’s path to the presidency of the European Central Bank (ECB) was partially cleared last week when Judge Olivier Perusset declined a prosecution request to postpone his trial.
HBOS sheds London staff
LONDON -- HBOS Treasury Services last week shed three forex staff as part of a reorganisation aimed at a more "efficient use of resources", said a spokesperson for the bank in Edinburgh.
HSBC hires new NY forex chief
NEW YORK -- Ben Welsh joined HSBC in New York last week as head of FX sales and trading, a bank official told FX Week.
Citi endorses job sharing
LONDON -- Job sharing among forex professionals is becoming a growing trend in the markets, senior officials told FX Week .
HSBC relocates to Canary Wharf
LONDON -- HSBC’s 120-plus forex staff in London move into the bank’s new building in Canary Wharf on February 17, a spokesperson confirmed.
Trading places
SG’s Debonneuil dies in car crash
Prebon derivatives reorg
LONDON -- UK-based inter-dealer broker Prebon Marshall Yamane has reorganised its cash forwards and derivatives businesses in London.
ABN Amro names A-P sales head
SINGAPORE -- ABN Amro last week announced the appointment of Wolfgang Platzer as regional sales head for Asia-Pacific, in the banks and brokers division -- a subdivision of Global Transaction Services (GTS).
Prat-Gay takes central bank reins in Argentina
BUENOS AIRES -- Alfonso Prat-Gay, former global head of FX research at JP Morgan Chase in London, has been appointed president of the Argentine central bank.
Commerzbank cuts in London
LONDON -- Commerzbank has shed four foreign exchange jobs in London, a source at the bank told FX Week .
Trading places
AIG chief dealer moves to Clearview
AIG makes senior FX appointments
GREENWICH, CT -- AIG Trading Group has made four senior FX additions to its global operation over the past two months, a spokesperson in the bank’s Greenwich, Connecticut headquarters told FX Week.
Banks snap up dealers fluent in Spanish and Portuguese
LONDON -- Forex sales professionals fluent in Spanish and Portuguese are in demand as banks seek to increase their client business in the Iberian peninsula, Latin America and the US, senior officials told FX Week.
Trading places
Soros shifts London ops to NY