Europe
Bowerman takes Hudson's role at BAML
Daniel Bowerman becomes global head of FX e-commerce at the bank
Dollar to run out of momentum, CBA says
Commonwealth Bank of Australia thinks the euro has larger upside potential than the US dollar
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Solid FX firms up expansion plans
New chief Patrick Fleur tells FX Week about the platform’s priorities for the year ahead
Nex eFix adds Bloomberg benchmarks
Nex chief Seth Johnson says the platform has seen significant customer demand for BFix rates
FX under one umbrella – the Kölzer plan
Carlo Kölzer, 360T’s chief and Deutsche Börse’s head of FX, tells FX Week about his plans and ambitions for the venue
FX lawsuits: the roundup
The number of cases related to conduct in foreign exchange markets has multiplied. Here is our handy guide to developments so far
Tolat becomes TradAir chief executive
Viral Tolat, former CTO of EBS and Integral, becomes chief executive of the technology firm
ECB and RBA warn on Global Code adherence
Representatives from the central banks tell delegates at two FX Week events the transition period is almost over
Solid FX commits to Global Code
Statement of commitment will show up on the public registers of CLS and Nex
Butbaev rejoins Saxo Bank as CEE chief
Vitali Butbaev brings extensive international experience in the financial industry
Broadway taps Evelina Rosenstein as head of Emea sales
Rosenstein joins from FXSpotStream where she handled sales and new business
DoJ indicts another FX trader on price-rigging charge
US says Akshay Aiyer conspired with other New York-based traders at rival banks to fix prices in Ceemea currencies
European banks face FX volatility on bail-in ratios
Use of funding in foreign currencies creates new risk, especially in non-eurozone countries
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
Greenback to ease again after recent lift – CBA
But both the euro and sterling are set for appreciation due to policy tightening and dollar weakness
Solid FX’s Westerman resigns, Esturi joins
Ujwal Esturi joins the liquidity management team from FastMatch
Dollar rebound on cards, but no respite long term – ABN Amro
The greenback's prospects remain negative in the long run, but sterling may have a positive 2019
Asian flows bloom post-Mifid II, TR's Penney says
Trade flow patterns are also changing, leading TR to launch a direct THB/JPY cross sometime this year
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
Johnson sentenced to two years in prison
Johnson was taken to prison immediately after the hearing, but lawyers are preparing for appeal argument
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
Irons joins State Street as head of sales for global exchange
Richard Irons brings more than 30 years’ experience in financial services and technology
FRTB threatens dynamic FX hedging of capital ratios
Industry says recent Basel proposals are unclear and retain burden of pre-approval for hedges