Fixed Income
FX veteran Hulina departs UBS
Co-head of Ficc distribution Ed Hulina will take time out of the industry before pursuing new opportunities next year
Bloomberg taps into Malaysian foreign currency sukuk market
Vendor has partnered with the Malaysian central bank to launch the new index
BlueCrest loses London-based currency manager
Reto Feller departs BlueCrest, understood to be considering private banking roles
Hoornweg takes on new role at UBS after senior departures
Global head of FICC and head of securities both understood to have left the bank in February
UK and French banks report mixed bag of Q4s
Barclays Capital, BNP Paribas and Société Générale (SG) last week posted a mixed bag of fourth-quarter results for fixed income, which includes foreign exchange.
RBS bucks downward FX trend
Royal Bank of Scotland (RBS) bucked the downward FX trend among dealers, reporting its first year-on-year rise in revenues in 2010 from its currencies and commodities division in the third quarter.
Commerzbank continues global build in trading and sales
Commerzbank has boosted its rates division with a series of hires across sales and trading in London, New York and Singapore.
DBS outlines ambitions amid competition for Asia business
SINGAPORE - Singapore’s DBS Bank is investing S$250 million into its treasury and markets (T&M) business as part of ambitions to become a leading Asian currency and fixed-income house.
Global growth slows and assets shift
The hunt for yield is an increasingly important driver of FX, says Callum Henderson, global head of FX research at Standard Chartered in Singapore
RBC hires European e-distribution chief from Citi
LONDON - RBC Capital Markets has hired Katherine Krebser as head of e-commerce distribution for Europe from Citi in London.
CLS targets buy side with Omgeo
NEW YORK - CLS and Omgeo have teamed up to improve post-trade reporting by the buy-side community with the addition of CLS FX instructions to Omgeo’s standard settlement instruction (SSI) database.
Regulatory uncertainty hits US banks’ Q2 results
NEW YORK - Most US banks reported a slump in forex revenues in the second quarter this year versus last year, citing a drop in risk appetite and liquidity amid concerns over regulatory changes and the European debt crisis.