Interview
Moving up from down under
Following his recent appointment as global head of FX at Commonwealth Bank of Australia, Kieran Salter talks to Robert Mackenzie Smith about his mission to ensure the bank’s FX capabilities are globally recognised, and the major technology overhaul the…
A man of standing: Michael Cross, BoE
During nine years in the markets division of the Bank of England, including three years as head of foreign exchange, Michael Cross has been at the forefront of the central bank’s response to the financial crisis. As chair of the FX Joint Standing…
Spotlight on: Jaime Roblesgil, Citi
Citi’s managing director of markets and regional head of Latin America talks to Melanie White about the bank’s growth strategy in the region, and the changes in client appetite for emerging market currencies as a result of the crisis
Technology and advisory tops agenda for BMO’s new FX head
Delivering the right blend of technology for vanilla products and advisory for complex products is at the core of CJ Gavsie’s strategy in his new role as Bank of Montreal’s global head of FX products
Investing in the internationalisation of the renminbi
Despite a forecast slowdown in Chinese growth in 2012, Helen Lam, senior portfolio manager at Allianz Global Investors in Hong Kong, believes the long-term internationalisation of the renminbi will lead to continued currency appreciation this year. Saima…
Spotlight on: Neil Record, Record Currency Management
The founder and chair of Record Currency Management talks to Robert Mackenzie Smith about the growth of the firm over the past three decades, as well as the challenges posed by the financial crisis and his shortlisted entry for the Wolfson Economics Prize
Spotlight on: Sven Carlsson, Ericsson Group
The head of markets at Ericsson talks to Joel Clark about the change in the telecommunications group’s treasury function and FX hedging strategy over the past 17 years, as well as his views on new regulation
Spotlight on: Raymond Kamrath, Faros Trading
Faros Trading has made a number of senior appointments to its sales team in recent months as it eyes global expansion from its headquarters in Stamford, Connecticut. Chief executive Raymond Kamrath talks to Chiara Albanese about the growth of the firm…
Spotlight on: John Taylor, FX Concepts
The founder and chief executive of FX Concepts talks to Melanie White about the growth and diversification of the currency management firm over the past three decades, and his current views on major currencies
Spotlight on: Gavin Wells, LCH.Clearnet
The chief executive of LCH.Clearnet’s newly launched ForexClear talks to Joel Clark about the development of the platform, and his plans to expand to client clearing and new currencies later this year
Spotlight on: Valérie Perez, Deutsche Bank
Deutsche’s head of foreign exchange distribution for France, Benelux and Switzerland talks to Chiara Albanese about the changing demands of the bank’s corporate clients in continental Europe
Spotlight on: Carl James, BNP Paribas Investment Partners
The head of fixed income and foreign exchange dealing talks to Chiara Albanese about the challenges for the buy side that arise from new regulation, as well as the potential value that can be gleaned from algorithmic execution and transaction cost…
FSA: facing up to cross-jurisdiction conflicts
David Lawton, head of market infrastructure and policy at the UK’s Financial Services Authority, talks to Michael Watt
Spotlight on: Nigel Khakoo, Nomura
Nomura's newly appointed global head of FX options talks to Miriam Siers about why he chose to join the Japanese bank after a career at JP Morgan, Merrill Lynch and Citi, and how he is navigating the challenges facing the options market as a result of…
Spotlight on: Bill Goodbody, Hotspot FX
The institutional trading platform's business manager talks to Melanie White about the recent expansion of its client base into the banking sector, and plans to grow in Europe and Asia
Spotlight on: Bernd Bröker, UniCredit
The Italian bank’s newly appointed deputy head of FX talks to Chiara Albanese about how he plans to integrate the bank’s many regional FX hubs into a more streamlined and globally effective franchise
Spotlight on: Damian Glendinning, Lenovo
The Chinese PC manufacturer’s group treasurer talks to Joel Clark about his role in setting up a global treasury function when Lenovo bought IBM’s PC business in 2005, and explains his belief that FX risk management should be kept as simple and…
Spotlight on: Daniel Wong, British American Tobacco
The tobacco manufacturer’s global dealing room manager talks to Miriam Siers about the firm’s FX hedging programme, and how recent market volatility has driven changes to its currency risk management
Spotlight on: Simon Watkins, Bank of Montreal
The Canadian bank’s head of FX for London talks to Joel Clark about the expansion of his team over the past five years and the bank’s ambition to become a recognised FX provider in London and across Europe
Spotlight on: Jeffrey Hogan, BGC Partners
BGC’s managing director for business development talks to Joel Clark about the interdealer broker’s voice and electronic broking capabilities in FX, and his extensive work with regulators to ensure new rules for over-the-counter derivatives are…
Spotlight on: Alan Bozian, CLS
The chief executive of CLS talks to Joel Clark about the transformation agenda he has been pushing since taking the top role in 2010, as he seeks to position CLS as a more robust infrastructure with greater currency coverage and broader participation
Battle for clearing supremacy
Singapore Exchange (SGX) became the first of the major clearers to launch an OTC Asian FX forwards clearing business in October. But with bank-backed LCH.Clearnet and the CME hot on its heels with a non-deliverable forwards offering, can SGX maintain its…
Spotlight on: Collin Crownover, SSgA
State Street Global Advisors’ head of currency management talks to Joel Clark about investor appetite for G-10 and emerging market currencies, and how his global team has managed the volatility and political uncertainty that has characterised the foreign…
Banca IMI goes global
Since joining Banca IMI from Barclays Capital earlier this year, Nicola Baiocchi Di Silvestri and Nicola Giaretta have been tasked to build the Italian bank’s corporate FX, rates and commodities sales capabilities globally as it prepares to launch a new…