Asia
HSBC retains EM and Asia-Pacific awards
HSBC wins best bank for emerging Asian and Emea currencies, as well as best bank for FX in Asia-Pacific
BMO retains Canadian dollar award for a third year
A focus on growing its international presence as interest in the Canadian dollar comes from multiple geographies keeps Bank of Montreal in top place
BBH's new sales head taps into the European buy side
Having recently relocated from Hong Kong back to London, Brown Brothers Harriman's Chris Gothard is now responsible for FX sales and relationship management in Europe. He talks to Robert Mackenzie Smith
BNP Paribas embarks on three-year hiring spree in Asia
The French bank has plans to hire 1,300 staff in the Asia-Pacific region by 2016, with the aim of bolstering revenue by at least €1 billion
Barclays hires head of Ficc research for Asia-Pacific
David Fernandez ends a 15-year career at JP Morgan to join Barclays in Singapore as it continues to expand its Ficc offering
BNP Paribas hires e-FX sales head for Asia-Pacific
Ex-Citi product manager Ashvin Parkash is the third senior hire made by BNP Paribas in recent weeks
Reserve managers seek alternatives to USD and EUR
Following the IMF’s publication of its FX reserves data for the second quarter, Steven Saywell assesses why reserve growth has slowed and central banks are looking to diversify
Benchmark overhaul brings substantial improvement, says Lenny Feder
In the aftermath of the Libor scandal, Singapore’s financial industry has opted to overhaul its existing benchmarks to focus on transaction data
StanChart expands e-FX experience into credit and rates
Following a reorganisation of its electronic trading business at the start of 2013, Standard Chartered’s Chris Knight now has responsibility for e-commerce in the eastern hemisphere across three asset classes. He talks to Joel Clark about what credit and…
MIG Bank launches subsidiary in Hong Kong under MIG Capital Asia
Online broker targets rapid growth in foreign exchange trading in Asia with the establishment of a licensed office in Hong Kong
KC Lam exits CME in Asia
Exchange group merges FX and interest rates coverage in Asia-Pacific
BNP Paribas releases corporate trading platform
Bank's digital strategy combines tailored solutions for specific client types with an 'app store' model
US volumes dive after Sandy hits FX survey data
Average daily FX volume fell again in the US, UK and Canada in October 2012, but the fall was sharpest in the US, partly due to the effects of Hurricane Sandy
SEB eyes FX growth in London under new regional head
In his new role as head of FX for London, Shaun Barham has a mandate to grow the bank’s forex business in the city, as well as to bolster the FX prime brokerage business, which now reports directly to him. He talks to Robert Mackenzie Smith
Asian currency hedgers to be hit by ‘fatal flaw’ in new accounting rules
A major change is needed to correct new hedge accounting rules that could restrict derivatives use by Asian firms hedging their foreign currency exposures
LMAX management team buys majority stake from Betfair
Management buyout will give LMAX Exchange the necessary flexibility to evolve into a leading FX venue within three to five years, says chief executive David Mercer
Credit Suisse concentrates Asia FX in Singapore
The Swiss bank is seeking to focus its FX business for the region in one location, except for small teams in Tokyo and Hong Kong
Barclays grabs top spot for FX options
The UK bank has risen from fourth to third place in this year's survey, and has also added FX options to its awards tally
HSBC cleans up in emerging Asia and Emea
A strategic coverage in key emerging markets, coupled with its ongoing focus on onshore and offshore renminbi trading, has landed HSBC with a string of awards this year, including both emerging Asia and Emea
ANZ continues expansion as Aussie dollar popularity rises
The Australian bank will soft launch its new collateral FX platform next month, ahead of a full roll-out scheduled for February
Barclays Asia FX strategy head departs
Head of FX strategy for Asia ex-Japan has left Barclays after just 15 months at the bank
Banks face up to fragmented clearing landscape in Asia
In preparing for mandatory clearing, the priority is to ensure all CCPs across Asia adhere to the same set of standards, says Deutsche's David Lynne
China to widen RMB trading band again before end-2012
Further liberalisation of renminbi is on the cards in the near future, says senior RBS strategist
Angling for the Asian frisbee
Regulation was top of the agenda at the FX Week Asia conference, with serious concerns voiced alongside some signs of positivity, writes Joel Clark