State Street Bank and Trust Company
SEC is investigating State Street over its FX pricing as part of ongoing regulatory probe into overcharging by major custodians
Loic Meinnel has joined State Street Bank and Trust Company in the new position of senior managing director, head of global markets foreign exchange...
Read this week's Trading Places to catch up on people moves across the FX world.
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US dealers reported widely differing results for the fourth quarter of 2010 as competition returned to the market.
ZURICH & FRANKFURT – Deutsche Bank has proved its FX credentials by being the only bank so far to report higher FX year-on-year revenues for the third quarter, despite lower volatility and tight spreads.
NEW YORK & BOSTON - All US banks reported weak forex revenues in the third quarter this year versus last year, as volatility and volumes dropped.
NEW YORK - JP Morgan posted another year-on-year fall in third-quarter results from the fixed-income business, which includes foreign exchange, due to a drop in revenues from credit and rates.
Read this week's Trading Places to catch up on people moves across the FX world.
TORONTO & SAN FRANCISCO – Barclays Capital (BarCap) has hired two foreign exchange salespeople in North America, according to an internal source.
LONDON – State Street has hired in its sales team and Currenex group in London, according to market sources.
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