FX Markets - 2007-06-18
Articles in this issue
JP Morgan and StanChart in senior forex shakeup
LONDON & NEW YORK – JP Morgan and Standard Chartered have embarked on a series of senior-level management changes.
Tradition makes inroads into Malaysia and South Korea
KUALA LUMPUR & SEOUL – Interdealer broker Tradition has expanded its presence in Asia with a 40% stake in Kuala Lumpur-based broker First Taz Money Broker, and a local office in Seoul.
US banks' downward trend continues
NEW YORK – US investment banks are continuing to experience a poor year, with second-quarter results for fixed-income businesses down on the same period last year.
Marex hires two in push to expand e-business coverage
LONDON – Independent brokerage Marex Financial has made two sales hires at its FX desk in London, as part of plans to expand coverage of e-business and hedge fund sales.
